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Posts Tagged ‘Dynamics GP revenue Recognition’

ASC 606: Revenue From Contracts With Customers

Revenue recognition is a critical measure for every company.  It is used in many financial ratios to examine and compare companies. The Financial Accounting Standards Board (FASB) and International Accounting Standards Board (IASB) recognized that existing revenue recognition literature varied between their jurisdictions.  Both frameworks needed upgrades. The two organizations worked together, and Accounting Standards […]

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Tensoft RCM 6.0: Advanced Revenue Recognition, Subscription Billing and Contract Management for Microsoft Dynamics GP

On July 16,Tensoft announced the release of version 6.0 of Tensoft Revenue Cycle Management (RCM).   Many software and technology companies have discovered that Tensoft RCM manages their complex revenue cycles with ease, including contract renewals, recurring billing, compliance with regulatory regulations, and every permutation of revenue recognition. Industry-specific customer requests and market-driven enhancements have been […]

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Learn Software Revenue Recognition from an Expert . . . Online

Sign up now for a course on revenue recognition sponsored by the award winning company, Tensoft, a leader in cloud-based services and customized business solutions with clients throughout the U.S., Europe and Asia. The informative training course is online and will be taught by Jeffrey Werner, a Silicon Valley software revenue recognition expert with extensive […]

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A Hubbub Over Revenue Recognition for Marketing Promotions

Marketing promotions are a fact of life nowadays. While they vary widely across software companies, SaaS providers, hardware appliance vendors, and other tech 2.0 companies, the effects on revenue recognition share one common theme – they make the accounting process more complex! Working with a wide variety of technology companies, we regularly find the need […]

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Revenue Recognition Software for Small to Mid-sized Businesses?

Out of the numerous industries that have complex revenue recognition requirements, it is pretty safe to say that, in general, technology and software companies are the largest and most affected segments. For these companies, the ability to scale quickly is often a business-critical need. While the main question may be: “Is there a revenue recognition […]

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Revenue Recognition Solutions for Technology Companies

With high-tech and on-line businesses continuing to deliver more products and services with greater flexibility, the complexity of recognizing companies’ revenues can impact the profitability and credibility of an organization as well as leaving it exposed to serious regulatory  noncompliance. Tensoft’s Revenue Cycle Management (RCM) solution enables organizations to deal with today’s revenue recognition complexity […]

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Revenue Recognition for Software Companies in Dynamics GP 10.0

Manage your Revenue Recognition and Contract Renewals with Dynamics GP 10.0 Microsoft Dynamics GP 10.0 Advanced Management with Revenue and Expense Deferrals and Contract Management.  Accurately managing the complexities in properly recognizing revenues and expenses is important for any company, but it is critical for companies that sell software and related services.  With Dynamics GP […]

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