Revenue Recognition Configuration in SD Is a Key to Compliance

Revenue Recognition Configuration in SD Is a Key to Compliance

Reading time: 11 mins

To comply with the latest bookkeeping principles and current regulations, such as US-Generally Accepted Accounting Principles and the Sarbanes-Oxley Act, companies are required to post revenue according to a time period. This means that the revenues must be realized in the posting period in which the service was carried out or goods were actually delivered....

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