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Hot-Tip: Managing RevRec for Subscriptions with SAP EBRR

Wed, Sep 13, 2023 @ 01:13 PM / by Bramasol RevRec Team posted in RevRec hot-news, Hot Tips, Automated Revenue Management, EBRR

Learn how SAP Event Based Revenue Recognition (EBRR) in the SAP Public Cloud can enhance revenue management and ensure compliance for subscription-based offerings, thus enabling businesses to streamline and optimize their processes.

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Hot-Tip: Advisory Accounting update on Standalone Selling Price (SSP)

Sun, Aug 9, 2020 @ 06:45 AM / by Accounting Advisory Team posted in RevRec hot-news, Accounting Advisory Services, Standalone Selling Price

Although some companies think that Revenue Recognition compliance issues are behind them, it's important to remember that the changes mandated by ASC 606 and IFRS 15 are on-going.  In particular, the Five-Step Model and concepts such as Standalone Selling Price need to be applied to new product or service offerings today and into the future.

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Less than 90 Days Left for RevRec Compliance

Sat, Sep 30, 2017 @ 09:53 AM / by Bramasol RevRec Team posted in revenue recognition, revrec hot-tips, RevRec hot-news

The new Revenue Recognition standards (ASC 606 and IFRS 15) are mandated for implementation by January 1, 2018.  Yes, that is less than three months from now! 

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Per WSJ: Many Companies Are Falling Behind on RevRec

Wed, Jun 14, 2017 @ 10:37 AM / by Bramasol RevRec Team posted in revrec hot-tips, RevRec hot-news

There are only six months left before the mandated adoption of new Revenue Recognition standards ASC 606 and IFRS 15.

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