For those working in saas - does your company record revenue and then a contra revenue for things like trials or promotional trials which may be a month or 3 month? Effectively it’d jist net out but for tracking purposes

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I feel like ASC606 is pretty clear on the SaaS revenue recognition model, no? I know KPMG has some interpretative guidance in some of the grey areas. But you can always look to recently filed 10Ks of larger companies that have a similar business model/revenue stream as your company. They will have to disclose in their 10k how they recognize revenue/contract assets & liabilities, etc. The Rev Rec footnotes of SaaS 10Ks has been under the microscope for the last few years, so generally auditors have spent many hours on that disclosure and should be fairly reliable.

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