Standalone Selling Price (SSP)
The ASC 606 Standard
The price at which an entity would sell a promised good or service separately to a customer under similar circumstances. If a contract contains multiple distinct performance obligations, the total transaction price must be allocated based on these relative values.
The Real-World Scenario
Your top sales rep closes a $120,000 deal bundling a core software license, custom implementation, and premium 24/7 support at a massive total discount.
The Spreadsheet Breaking Point
Even the most meticulous finance teams hit a wall building complex residual approaches and fragile VLOOKUPs to distribute non-standard discounts.
The Hidden Cost to the Bottom Line
Miscalculated SSP artificially inflates upfront top-line revenue, risking a forced revenue restatement that destroys investor confidence.
How GAAPX Eliminates the Risk
Automatically ingests historical pricing data, instantly calculates relative SSP across complex bundles, and applies the exact allocation mathematically.