USA Do you defer Cogs if you Defer Revenue?


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If we are selling a product to a company, but we recognize the revenue on the contract period 12 months.

Do we also do the same for cogs?

Thanks!
 
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kirby

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Too terse. Need some info on the details.
 
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We have a subscription service where some revenue is recognized over the term of the contract. Would I also defer cogs so it is recognizable over that same term?
 

kirby

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No. No special deferral. Record current period expenses in the current period and record depreciation and amortizations as required.
 
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