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Amc revenue

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Querist : Anonymous

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Querist : Anonymous (Querist)
10 August 2012 Dear Experts

Our Co. supplies printers etc. We also provide AMCs for these equipments.

Should I book the revenue, partly in current year and partly in future periods following the matching concept.

Is there any specific Accounting Standard/Guidance Note for this....

Experts views are solicited
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CA Amit Jaiswal

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CA Amit Jaiswal (Expert)
10 August 2012 For sale and Services you should follow the AS-9 on Revenue Recognition.
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