more-arw search

Q&A Forum

ASC 606 - Revenue from contract with customers

D M's Profile

I have a question about the recognition of the upfront set-up fees per new GAAP. My understanding is that those should be spread over the life of a contract. Is that correct?
Also, in regards to the implementation for private entities - as of 1/2019 should the revenue be restated old GAAP vs. new GAAP?
Thanks for help.


Darren Leitzke
Title: Controller
Company: American Botanicals LLC
LinkedIn Profile
(Controller, American Botanicals LLC) |

There's a good breakdown at about this. It lists the dates for different entity types.


Get Free Membership

By signing up, you will receive emails from Proformative regarding Proformative programs, events, community news and activity. You can withdraw your consent at any time. Contact Us.

Business Exchange

Browse the Business Exchange to find information, resources and peer reviews to help you select the right solution for your business.

Learn more

Contribute to Community

If you’re interested in learning more about contributing to your Proformative community, we have many ways for you to get involved. Please email to learn more about becoming a speaker or contributing to the blogs/Q&A Forum.