With the new Revenue Recognition rules (ASC 605/606) which come into effect on January 1, 2018, companies are scrambling to comply with the new regulations. Oracle’s ERP Cloud software multi-org functionality combined with revenue management functionality offers companies a robust, sophisticated ASC 605/606 revenue management solution.
This webinar presents will examine in depth Oracle Cloud ERP functionality that support the ASC 605/606 requirements. The presentation will examine the following subject areas:
1. Revenue Management: Understand the functions around Oracle’s Revenue Management software functionality.
2. Multi-org Functionality: specifically, functionality that allows companies to maintain a primary (ASC 606) and secondary (ASC 605) book.
Putting it All Together: Examine how the combination of Oracle’s Revenue Management and Multiorg functionality can help companies meet the ASC 605/606 accounting requirements.