04 Dec Augmented Currency and Exchange Rates
PQR Inc has multiple SAAS products catering to the needs of multiple industries like Corporate, Education, Healthcare, Manufacturing, Retail, etc....
Knowledge Center
25 Nov Enhancement for MJE Processing
The user was looking for an option where he could save time in approving and posting the MJEs....
25 Nov Revenue Treatment for Group Discounts
In this article, we would be explaining how CM-C would be useful instead of CM for group discount and its Revenue impact....
19 Nov ASC 606 – Credit and Rebill
Credit and Rebill is a reduction to the Outstanding Balance of a Receivable which is re-documented by a new invoice for the same product....
10 Jul ASC 606 – Managed Services
[vc_row css_animation="" row_type="row" use_row_as_full_screen_section="no" type="full_width" angled_section="no" text_align="left" background_image_as_pattern="without_pattern"][vc_column][vc_single_image image="2509" img_size="full" alignment="center" qode_css_animation=""][vc_empty_space][/vc_column][/vc_row][vc_row css_animation="" row_type="row" use_row_as_full_screen_section="no" type="full_width" angled_section="no" text_align="left" background_image_as_pattern="without_pattern"][vc_column][vc_column_text]Table of Contents Background Information. Transition Approach. Policy Details. Step 1 - Identify the contract with a customer. Step 2 - Identify the performance...
18 Jun ASC 606 – Healthcare Industry
[vc_row css_animation="" row_type="row" use_row_as_full_screen_section="no" type="full_width" angled_section="no" text_align="left" background_image_as_pattern="without_pattern"][vc_column][vc_single_image image="1295" img_size="full" alignment="center" qode_css_animation=""][vc_empty_space][/vc_column][/vc_row][vc_row css_animation="" row_type="row" use_row_as_full_screen_section="no" type="full_width" angled_section="no" text_align="left" background_image_as_pattern="without_pattern"][vc_column][vc_column_text]Table of Contents Background Information. Transition Approach. Policy Details. Step 1 - Identify the contract with a customer. Step 2 - Identify the performance...
31 May ASC 606 – Telecommunication
[vc_row css_animation="" row_type="row" use_row_as_full_screen_section="no" type="full_width" angled_section="no" text_align="left" background_image_as_pattern="without_pattern"][vc_column][vc_single_image image="1288" img_size="full" alignment="center" qode_css_animation=""][vc_empty_space][/vc_column][/vc_row][vc_row css_animation="" row_type="row" use_row_as_full_screen_section="no" type="full_width" angled_section="no" text_align="left" background_image_as_pattern="without_pattern"][vc_column][vc_column_text]Table of Contents Background Information. Transition Approach. Policy Details. Step 1 - Identify the contract with a customer. Step 2 - Identify the performance...
19 Apr ASC 606 – Construction Company
With ASC 606 introduction, also comes the challenges for various industries to get in sync with the new guidelines. However, if the 5 steps are clear to the business then the transition could be a lot easier. This publication is to guide the Construction Industry...
18 Apr Step 4 – Allocation of Transaction Price
Revenue is an important point of concern to the users of Financial Statements in assessing an entity’s Financial Performance and Position.Accounting Standard Codification (ASC) 606 – Revenue from Contract with Customers is an Industry-wide revenue recognition guidance which has been formulated by the Financial Accounting...
12 Apr ASC 606 – Law Firms
ASC 606 was introduced to improve the way revenue recognition was been carried out as per ASC 605. This document is to introduce the readers the impact of ASC 606 on Legal Services....
