Building Keystones: Revenue Recognition in Software Delivery
Guidance from an accounting team is required for correct revenue recognition in e-commerce transactions. In the latest Building Keystones post, Chief Blogger Craig Vodnik focuses on the complex topic of revenue recognition in the e-commerce industry. “Revenue Recognition in Software Delivery,” offers advice to ensure that the products in the e-commerce system are configured properly with an accounting structure.
Take a look at an excerpt from the post:
From an e-commerce perspective, the important part is to ensure that the products in the e-commerce system are configured properly so that when a sale is made the transaction is reported back to the accounting system with the correct link.