• Register
Search Questions / Answers

Welcome to AccountantAnswer Forum, where you can ask questions and receive answers. Although you need not be a member to ask questions or provide answers, we invite you to register an account and be a member of our community for mutual help. You can register with your email or with facebook login in few seconds

Get AccountantAnswer App

While accounting for revenue under US GAAP, in scenario where there is Umbrella Support contract that covers existing and future purchases during the life of the support contract. Support contract is being recognized rotatably over the period of the contract, is there need to carve out revenue for support at the individual order level?
in 605 Revenue Recognition by

Your answer

Your name to display (optional):
Privacy: Your email address will only be used for sending these notifications.
Anti-spam verification:
To avoid this verification in future, please log in or register.