8 docs tagged with "Billing"

When the total contract price is less than the sum of standalone selling prices, the discount must be allocated across the performance obligations. It...

A contract where an entity bills a customer for a product but retains physical possession of the product until a later date. Revenue can only be recog...

Initial fees paid to open a location, requiring distinct obligations to be heavily scrutinized and often unbundled. Equipment transfers may be recogni...

Upfront non-refundable fees charged to configure a system, which generally do not transfer a distinct service to the customer. They must usually be de...

The price at which an entity would sell a promised good or service separately to a customer under similar circumstances. If a contract contains multip...

The amount of consideration to which an entity expects to be entitled in exchange for transferring promised goods or services. It requires calculating...

A recognized right to consideration that is unconditional but has not yet been invoiced. It differs from a contract asset because only the passage of ...

A pricing structure where the price per unit decreases retroactively as the customer's purchase quantity increases. It requires ongoing estimation of ...