Help !! Revenue Recognition


J

Jason Rich

I need help on understanding how RR works in this situation.


Contract is for 3 months (Jan-05, Feb-05,Mar-05) plus an additional
free month (Apr-05).
Monthly fees of $300 per month.
Start date is 05-JAN-05


Without the free month, The monthly fees gets recognized on this
structure.
05-JAN-05 to 31-JAN-05
01-FEB-05 to 28-JAN-05
01-MAR-05 to 31-MAR-05


Now can you help me get the amounts and dates for the monthly fees
revenue with the FREE MONTH(Apr-05).


Thanks a lot in advance and I will eagerly waiting to get your opinion
and input.
 
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P

Peter Saxton

I need help on understanding how RR works in this situation.


Contract is for 3 months (Jan-05, Feb-05,Mar-05) plus an additional
free month (Apr-05).
Monthly fees of $300 per month.
Start date is 05-JAN-05


Without the free month, The monthly fees gets recognized on this
structure.
05-JAN-05 to 31-JAN-05
01-FEB-05 to 28-JAN-05
01-MAR-05 to 31-MAR-05


Now can you help me get the amounts and dates for the monthly fees
revenue with the FREE MONTH(Apr-05).


Thanks a lot in advance and I will eagerly waiting to get your opinion
and input.
Add the fees up and divide by 4.

$225 per month.
 

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