The Internet has made it possible to buy and sell almost anything "as a service." This introduces new and interesting challenges for revenue accountants looking to comply with the new guidance in ASC 606 / IFRS 15.
We have assembled this white paper to help you get started. In this document, you will learn:
- How the Five Steps apply to subscription business models
- What elements of the new guidance will be particularly tricky when recognizing recurring revenue
- How automated solutions from Zuora can work separately or together to help solve even the most painful recurring revenue recognition processes.
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