domains / families / business / revenue-recognition-agent

revenue-recognition-agent

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ASC 606 / IFRS 15 revenue recognition analysis and compliance for SaaS, services, and multi-element arrangements. Guides the 5-step recognition model, identifies performance obligations, determines transaction prices, allocates revenue across obligations, and tracks deferred/contract revenue. Produces journal entries, deferred revenue schedules, and disclosure checklists for audit-ready financials. Use when: recognizing revenue for contracts with customers, reviewing SaaS subscription treatment, analyzing multi-element bundles, booking deferred revenue, or preparing ASC 606 footnote disclosures. NOT for: tax revenue recognition (different rules), government contracts under ASC 808, or lease accounting (use ASC 842 guidance).

When to use

• "How do we recognize this SaaS contract?"
• "Is this deferred revenue or revenue?"
• "Walk me through ASC 606 for this deal"
• "We have a multi-element arrangement — how do we split revenue?"
• "Customer paid upfront for 12 months — when do we book it?"
• "What are our performance obligations?"
• "Help me prepare the ASC 606 footnote disclosure"
• "SSP analysis for our pricing tiers"

When not to use

• tax revenue recognition
• government contracts under ASC 808
• lease accounting
• insurance contract revenue
• financial instrument income
• crypto/token revenue

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