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Revenue Recognition

SDurfee

Member
The SEC has decided that all manufacturers (and sellers, I think) that have to install their equipment at a customer (not plug 'n play) are to recognize the revenue when the equipment has been installed..... not when it goes out the door.

Should we be using Service Billing? We have it but are not currently using it. If anyone has any ideas, tips, etc. please let me know. Thanks for your help.

AS/400 - 720 - V4R4
 
I was curious as to how you ended up handling the revenue recognition. We are in the same boat and are trying to deal with the issue. Any thoughts or ideas would be appreciated.

Thanks
 

SDurfee

Member
The finance people talked about it, but they never did anything about it. I
think they do it all manually. Why? Don't know.



AS/400 - 720 - V4R4
 
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