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The complete guide to SaaS revenue recognition with ASC 606

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ASC 606 and its sister standard IFRS 15 bring a set of structured guidelines for recognizing revenue -- here's what every SaaS business needs to know to meet the deadline and get compliant. Cash is not revenue. The new reporting framework applies to any situation where there is a contract for goods and services.

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SaaS Metrics Refresher #7: Revenue Recognition

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In this week's lesson, we're tackling the tricky process of converting bookings into revenue — also known as revenue recognition. Repeat after me: cash is not revenue! For a SaaS or subscription business, revenue recognition can be complex, mainly because of the service-oriented nature of the product.

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Xero vs QuickBooks Online: Which Accounting Software is Best for Your Business?

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Payroll – Companies in need of payroll will also find Xero the winner through its partnership with Gusto to give you full-service payroll integrations. Customer support – Xero’s customer service is first class. All customer service employees are also Xero employees — no outsourced support.