With the ever changing accounting standards, companies are concerned about preparing for revenue recognition related to ASC 606 while also managing their books.
The new revenue recognition standard, ASC 606, represents the most sweeping change to revenue accounting rules in years. Now is the time for software and high tech companies to ready themselves and begin working toward compliance.
NetSuite’s new Advanced Revenue Management solution enables a streamlined revenue accounting function to ensure compliance with current and future FASB and IFRS guidelines.
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