more-arw search

Q&A Forum

Membership Tiers

For revenue recognition/reporting, if we offer discounts depending on how customers prepay, how do we recognize this? For example, if a monthly subscription is normally $50, but we offer a 3 month membership for $120 (if the customer prepays) do we report gross revenue as $150 and a discount of $30...or gross revenue of $120 with no discount? Appreciate the help & if someone can point me to FASB guidance, that would be great. Thanks!!


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 [email protected] to learn more about becoming a speaker or contributing to the blogs/Q&A Forum.