Now that the January 2018 deadline has passed, and public companies must now adopt the new revenue recognition standard, ASC 606, disclosures become the central focus of the implementation process.
Bramasol RevRec Team
Recent Posts
Disclosure requirements under ASC 606: Allocation of transaction price to unfulfilled performance obligations
Tue, Mar 27, 2018 @ 01:51 AM / by Bramasol RevRec Team posted in revrec hot-tips
Watch how Bramasol helped a Leading Networking Company Automate and Simplify their RevRec Processes and Reporting
Thu, Mar 22, 2018 @ 07:46 AM / by Bramasol RevRec Team posted in revenue recognition, SAP Revenue Accounting and Reporting, Success Story, Customer Story, Networking, ASC606
This Global Fortune 500 company is a leader in the manufacture, installation and service of computer, networking and computing systems providing solutions for companies of all sizes around the world. Their highly complex landscape and current global migration project required both a focus on achieving near term compliance while positioning a smooth migration to SAP S/4 HANA. They needed someone with deep, proven expertise and experience in implementing SAP RAR.
RevRec Ready Rapid Compliance Solution for ASC 606 & IFRS 15
Mon, Mar 19, 2018 @ 04:15 AM / by Bramasol RevRec Team posted in revrec hot-tips
Bramasol, the leader in Revenue Recognition solutions, has announced a new, purpose-built product that reduces complexity and gives companies across a variety of industries a ready-to-deploy turnkey solution for disclosure reporting and compliance.
Watch How A Leading Automotive Company Relies on Bramasol To Help Them With Complex RevRec Scenarios
Thu, Mar 15, 2018 @ 11:10 AM / by Bramasol RevRec Team posted in Bramasol, SAP Revenue Accounting and Reporting, revrec, Success Story, Customer Story
Bramasol recently helped a $9B Tier One Automotive supplier with a customized Revenue Recognition solution to help them become IFRS 15 compliant and optimize their business processes to support them in their quest for continuous performance improvement. The customer has manufacturing facilities located around the world and is a global product leader in clean and efficient technology solutions for combustion, hybrid and electric vehicles.
For SAP RAR Success, Only Trust the Best
Mon, Feb 26, 2018 @ 07:05 AM / by Bramasol RevRec Team posted in revrec hot-tips
The new Revenue Recognition standards deadline has arrived but the road to successful implementation, disclosure reporting and operational optimization continues throughout 2018.
Video: RevRec Lessons Learned from Customer Projects
Mon, Jan 29, 2018 @ 06:38 AM / by Bramasol RevRec Team posted in revrec hot-tips
The deadline for new Revenue Recognition standards, ASC 606 and IFRS 15, has arrived.
How to Engage with Auditors During Your Revenue Recognition Implementation
Mon, Jan 22, 2018 @ 07:18 AM / by Bramasol RevRec Team posted in revrec hot-tips
With implementation of ASC 606 and IFRS 15 now in full swing, one important area that has moved to the forefront is how to work with your auditors to help with a smooth transition and to assure compliance.
The RevRec Deadline is Here! Open This for Answers.
Mon, Dec 25, 2017 @ 04:24 PM / by Bramasol RevRec Team posted in revenue recognition, revrec hot-tips
The deadline for new Revenue Recognition standards, ASC 606 and IFRS 15, is arriving on January 1, 2018. Yes, that is next week!
RevRec: FASB Update Regarding Principal vs Agent Considerations
Mon, Dec 4, 2017 @ 01:25 PM / by Bramasol RevRec Team posted in revrec hot-tips
FASB Issues Accounting Standards Update 2016-08
Revenue from Contracts with Customers
Principal versus Agent Considerations
Join Us for SAP RAR User Group on November 16, 2017
Wed, Nov 15, 2017 @ 04:20 AM / by Bramasol RevRec Team posted in SAP RAR
Reminder!