Blogs tagged revenueaccounting

Revenue Recognition in SAP       Revenue Recognition is the process of recognizing the income, when a sale contract is fulfilled and ownership of goods/service are transferred from the seller to the buyer or customer. Traditionally revenue... Read More »

The IFRS 15 doomsday clock is ticking! By January 1st 2018, IFRS 15 (or ASC 606 in the US) revenue accounting will come into effect globally. Most of the companies around the world will have to be ready by this time to report on this new standard,... Read More »