Accounting Software Research

Binary Stream's Logo What is deferred revenue and why is it reported as a liability?

If your business accepts advance payments for goods and services, your accounting team must understand the nuances of revenue recognition. A key component of appropriately recognizing revenue is knowing when …

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ClickLearn's Logo Podcast: The Partner’s Role in Digital Adoption for the Multi-App World

Digital Adoption is achieved when users reach a level where they fully utilize the software, technology, and digital processes that are in place in your organization. It’s when you realize …

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Binary Stream's Logo The pros and cons of premium pricing strategies

When it comes to pricing products and services for SaaS, it’s important to consider perceived value. Premium pricing strategies are often used where the perceived value is particularly high or …

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Binary Stream's Logo 10 best practices in data management for finance teams

Finance teams lacking robust data management struggle to acquire valuable insights, increasing the likelihood of poor decision-making that can be detrimental to the company’s financial health. By prioritizing data management, …

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Binary Stream's Logo How to account for single, double, and triple net leases

It’s becoming increasingly common for commercial properties to be rented via net lease, therefore it’s vital that lessors and lessees understand the nuances of these types of lease agreements. While …

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Binary Stream's Logo A complete guide to financial consolidation under ASC 810

ASC 810 is the US GAAP accounting standard covering financial consolidation for multi-entities. It’s like the standard implemented by the International Accounting Standards Board (IASB), IFRS 10, but differs in …

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Binary Stream's Logo Empowering sustainable growth with hospitality transformation

Businesses in the hospitality industry must overcome an array of challenges to exceed customer expectations and maintain their growth journey. With the looming threat of frequent market disruptions and increasing …

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Binary Stream's Logo A complete guide to financial consolidation under IFRS 10

IFRS 10 is an accounting standard issued by the International Accounting Standards Board (IASB), providing guidance for multi-entities on maintaining compliance during financial consolidation. While it differs in some key …

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Binary Stream's Logo 9 ways to maximize your recurring payments and boost revenue

SaaS migration is one of those things that few companies can avoid in today’s day and age. A shift to this way of doing business requires accounting teams to embrace …

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Binary Stream's Logo 6 best practices for managing retail subscriptions

The meteoric rise of subscription e-commerce is causing many retailers to re-evaluate their business models. The subscription economy presents brands with a win-win opportunity. Companies gain higher customer lifetime value …

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