by Kevin Lalor | Jul 19, 2013
Want better financial visibility? A free, 14-day trial of NetSuite can get you started on the path toward having a complete version of your financial truth Start your trial Software companies are often viewed as cutting edge. Through the use of technology, software...
by Kevin Lalor | Jul 18, 2013
Consistently delivering projects that address customer needs requires both repetition and rhythm throughout the project lifecycle. Successfully delivering a project also guarantees a prosperous payout from the client. However, most firms would prefer not to wait...
by Kevin Lalor | Jul 10, 2013
As we have noted in previous posts, the current software revenue recognition rules require that any products with “more-than-incidental” software components comply with SOP 97-2. Under this standard, contract elements are accounted individually and a market price is...
by Kevin Lalor | Jul 9, 2013
In more traditional industries, the above equation captures the ease of revenue recognition. In the software industry, where the production process ends and delivery occurs is often less than straightforward. Software revenue recognition rules require that companies...
by Kevin Lalor | Jul 8, 2013
As we have noted previously, according to software revenue recognition rules, when a company bundles a software item with other products or services (implementation services, ongoing support services, tangible products) together in a contract, the company has to be...
by Lindsay D | Jul 5, 2013
Want better financial visibility? A free, 14-day trial of NetSuite can get you started on the path toward having a complete version of your financial truth Start your trial If your firm has to be compliant with SOP 97-2 software revenue recognition rules, then pricing...
