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clock Created with Sketch. 22/03/18
12:58
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Originally posted by Busy Bean
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The biggest impact has been for companies that invoice in advance of providing their service or product. A lot of them were recognising it as revenue straight away at the time of invoice.
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I don’t think we know that for sure. We don’t know if it’s the 41% that’s been cited as deferred revenue until an actual sale is processed, or if the 35%+41% is deferred over 12 months once a sale is made. Considering there’s potentially only 791 accepted sales then it’s possible it’s the former.
