Searching for Accounting For Post Contract Support information? Find all needed info by using official links provided below.
http://www.bi101.com/blog/revenue-recognition/software-revenue-recognition-rules-and-post-contract-support/
Post-contract customer support presents and interesting challenge for accounting departments trying to follow software revenue recognition rules.
https://uplandsoftware.com/psa/resources/glossary/post-contract-customer-support-pcs/
Post Contract Customer Support (PCS) Term Definition. The right to receive services (other than those separately accounted for as described in paragraphs 65 and 66 of SOP 97-2) or unspecified product upgrades/enhancements, or both, offered to users or resellers, after the software license period begins, or after another time as provided for by the PCS arrangement.
https://revenuerecognition.com/industry/software/
This is a multi-deliverable contract. It is important to recognize that multiple deliverables are within the scope of SOP 97-2, where software is clearly identified and distinguished from post-contract maintenance. SOP 97-2 also addresses “fair value” allocations to specific contract components. Issue 00-21 goes further.
https://www.ihs.gov/IHM/pc/part-6/p6c3/
Calculating IDC Associated with Tribal Shares and the Contract Support Costs Amount Based on a Detailed Analysis ... including "an accounting of any deficiency in funds needed to provide required contract support costs to all contractors for the fiscal year for which the report is being submitted." ... including post-award disputes over CSC ...
https://www.indeed.com/q-Accounting-Support-jobs.html
Bachelor's Degree Degree awarded to students by universities or colleges at the completion of an undergraduate, post-high school course of study. Accounting Experience in, or knowledge of, accounting principles, including the recording and measurement of business and financial transactions in any field of practice.
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