Jessica grew up in Seattle, Washington where she learned to enjoy rainy days and a good book. Jessica has always wanted to be a writer, and has found the perfect combination of writing and accounting at RevenueHub. When she is not studying accounting, she loves meeting up with friends to attend a yoga class or go hiking.
The final step of the Accounting Standards Codification (ASC) 606 five-step model states that a company recognizes revenue when control of a promised good or service is transferred to the customer. We explain this guidance generally in a separate article,…
