Confused about reporting deferred revenues under GAAP's ASC 606 standard? If so then you won't want to miss today's QB Talks at 2:00 PM Eastern when Alicia Katz Pollock will present the revenue recognition feature found in QBO Advanced.
Alicia will demonstrate the various functionalities of the Revenue Recognition feature Intuit has introduced within QuickBooks Online Advanced. The feature is designed to meet needs of sophisticated QuickBooks users who are impacted by Service Interval and Duration, Revenue Recognition Frequency, and Posting Frequency in terms of their proper revenue recognition.
QB Talks March 2024
QBO Advanced users having need of specialized revenue recognition can now add products or delete product line items on an invoice or sales receipt or void an invoice or sales receipt after the fact and still remain fully compliant with the GAAP regulations.
Alicia will be joined by Likith Lanka, Intuit’s Project Manager overseeing this Revenue Recognition. This is a tremendous hour of discussion and demonstration on how to set-up and configure this feature, and also how to modify revenue recognition schedules to meet your clients' requirements.
So, be certain It's not too late, you can still join Alicia for today's QB Talks at 2:00 PM EDT and earn one (1) CPE Credit in the process.
If you are already registered for QB Talks then no additional registration is required. But if you are not currently registered, you can sign-up for this, and the entire series of QB Talks Here.