There is no need to search and sneak around trying to find out the information you are seeking when you can simply reconnoiter your way to Insightful Accountant's next QB Talks on Wednesday, March 20, 2024 at 2:00 PM Eastern when Alicia Katz Pollock will teach you all about revenue recognition and deferred revenues.
One of the hottest topics in all of accounting, and especially among QuickBooks Online Advanced users, is "how to properly recognize revenues under GAAP's ASC 606 standard." So, Alicia will demonstrate the various Revenue Recognition features within QuickBooks Online Advanced to help you gain a better understanding of these features and functionalities record deferred revenue.
QB Talks March 2024
QBO Advanced recently enhanced its revenue recognition functionality to meet even more sophisticated needs of users with respect to how the automatic calculations for revenue recognition are computed, simplification of editing and deleting of transactions associated with revenue recognition rules, and the ability to adjust revenue recognition related pricing and dates.
QBO Advanced users can now add products or delete product line items on an invoice or sales receipt or void an invoice or sales receipt for any reason after the fact. In addition, QBO Advanced users having need of the specialized revenue recognition functionalities should be aware of how Service Interval and Duration, Revenue Recognition Frequency, and Posting Frequency impact the manner in which revenue recognition is computed within QuickBooks Online Accountant.
Joining Alicia will be Likith Lanka, Intuit’s Project Manager overseeing this new feature. You won’t want to miss this opportunity to learn about this functionality, how it is set-up and configured, and how you can modify revenue recognition schedules to meet the requirements of your clients using QBO Advanced.
So, be certain join Alicia for QB Talks on March 20, 2024, at 2:00 PM EDT and earn one (1) CPE Credit in the process.
In addition, you will be eligible for one (1) CPE Credit.
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, at this official Registration Page.