USA ASC340-40 - Amortization of Sales Commissions

[Jenny C]

Does anyone familiar how to implement (technically) this accounting guidance? Any template or instructions you can share? Thanks.

 

[Muhammad Kashif]

Does anyone familiar how to implement (technically) this accounting guidance? Any template or instructions you can share? Thanks.

It should be amortized according to the pattern of the satisfaction of performance obligation.

If you can share some detail about the sales and the commission, and whether it is a service based company or a product based and a little more detail only than can some guidance be given.