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Revenue recognition

This query is : Resolved 

08 June 2015 Services have been delivered but invoice has not been sent, can I recognise it as my revenue or revenue recognition is based on invoice sent.

08 June 2015 is it the first instance?

If it occurred earlier, you can follow the same procedure.

08 June 2015 YES IT IS INCOME OF PERIOD IN WHICH SERVICE WERE SERVED,




08 June 2015 if its probable that there is no risk in ultimate collection of revenue then only as per as 9 recognise revenue.



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