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ASC 606 Step 4: Allocate Transaction Price
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7: ASC 606 Step 4: Allocate Transaction Price
Video: for Revenue Analysts or someone in a similar role responsible for performing tasks related to revenue management.
This RevPro video is designed for Revenue Analysts or someone in a similar role responsible for performing tasks related to revenue management.
In this video, Amanda Carrillo (Senior Sales Engineer) walks you through step 4 of ASC 606 - Allocate the transaction price to the performance obligations in the contract – that includes:
- Assigning Standalone Selling Price (SSP)
- Allocating Transaction Price