Revenue recognition
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
23 December 2013
Our company is into online training services. We have program of 400 hrs which includes 100 hrs of class room training and 300 hrs of online training. How do we recognise the online training revenue. Do we need to recognise based on the number of hours the user has used the online facility till the year end. or can we recognise the entire online revenue immediately irrespective of the user having access.
23 December 2013
Hi
Yes, You can allocate revenue accordingly.
Thanks
Yes, You can allocate revenue accordingly.
Thanks
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