Armanino Rolls Out Revenue Recognition Module for Microsoft Dynamics AX 2012 R2

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Armanino LLP has launched its Revenue Management module for high tech on Microsoft Dynamics AX 2012 R2. The new module is an integrated app that offers a more advanced revenue management functions for software companies, electronics and complex equipment manufacturers, which have to adhere challenging revenue recognition standards, officials said.

Most recently, the revenue recognition standards formerly known as SOP 97-2, EITF 08-01, and EITF 09-03 were formalized under the Accounting Standard Update (ASU) 2009-13 and ASU 2009-14.

The revenue management module helps tech companies deal with the challenges of selling multi-element bundles that they have to account for as independent accounting ...

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