BTerrell Group Blog

Clearing the Fog around ASC 606 for SaaS Companies

Posted by Brian Terrell on Tue, Oct 04, 2016

The new Revenue from Contracts with Customers (ASC 606) accounting guidance impacts companies across many industries, but companies that sell software and related products or services will likely experience some of the biggest changes. In our ongoing attempt to help businesses make sense of this complex topic, we’ll look at the ways in which ASC 606 may change the way software and cloud services companies do business.

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Tags: revenue recognition

Got Revenue Recognition Questions?

Posted by Brian Terrell on Thu, Sep 15, 2016

We’ve got answers.

ASC 606, Revenue from Contracts with Customers, represents the most sweeping accounting change to hit companies in decades. Whenever there are changes this significant, there are bound to be questions. In our continuing look at the new revenue recognition standards, we attempt to answer some of the most common questions we are hearing from our clients and prospects.

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Tags: revenue recognition

Have Fun with Intacct’s Revenue Recognition!

Posted by Binbin Zhai on Wed, Feb 04, 2015

Some things in accounting are very frustrating, which make me sometimes doubt my career. Revenue Recognition is definitely tops the list; the multiple recognition methods, slow and complicated spreadsheets, and constant manual maintenance. I feel stressed even thinking about this. Even worse, is when I spot a mistake from a few months earlier.

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Tags: revenue recognition

Revenue Recognition: No Need to Wait!

Posted by Info Info on Thu, Aug 07, 2014

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Tags: Intacct, revenue recognition

Intacct: Separating Invoicing from Revenue Recognition

Posted by Susan Liles on Fri, Aug 09, 2013

BTerrell Group is now billing our company’s projects through Intacct, and are excited to see the new financial reports by project in the coming month. 

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Tags: Intacct, revenue recognition, invoicing, separating invoicing and revenue recognition