Revenue Recognition (ASC 606) for SaaS and Services
ASC 606 compliance is a major challenge for SaaS and service businesses. Outsourced accounting teams bring expertise to keep revenue recognition clean and compliant.
ASC 606 Basics
- Identify contract
- Identify performance obligations
- Allocate transaction price
- Recognize revenue as obligations are met
Common SaaS Rev-Rec Scenarios
- Subscription billing
- Upfront payments
- Variable usage pricing
Why Outsource Revenue Recognition
- Reduce compliance risk
- Access to ASC 606 specialists
- Audit-ready documentation
Get Started
- Outsourced Accounting for SaaS
- Schedule a Revenue Recognition Review
- Revenue Recognition (ASC 606)
- Schedule a Consultation
FAQs
Do small SaaS firms need ASC 606 compliance?
Yes, if GAAP reporting is required or investors expect it.
How does outsourcing help with ASC 606?
Provides trained accountants who apply consistent rev-rec rules and maintain audit trails.