ASC 606 Revenue Recognition Laws: How NetSuite Meets Regulatory Needs
Jet Global
MAY 6, 2020
With licensing agreements, for instance, revenue must now be recognized upfront, making it difficult to compare current recent financial statements against past statements for the purposes of forecasting and strategic planning. NetSuite forms the foundation of a strong ASC 606 strategy. In the process, it did the same for all users.
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