Now Reading: AXAPTAMANIAC: Straight Line Revenue Recognition
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AXAPTAMANIAC: Straight Line Revenue Recognition
Standard calculation for straight line revenue recognition is as follows:
Original contract value = 12000
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| Original contract value |
Actual start date = 1st July 2018
Actual end date = 30th June 2019
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| Start and End dates |
Estimation for first three periods (months)
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| Estimation for first 3 months |
Calculation for Accrued revenue is as follows:
Accrued revenue = (Total contract value /…
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AXAPTAMANIAC: Straight Line Revenue Recognition
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