5 Common Challenges in Revenue Accounting and how BillingPlatform’s Revenue Recognition solution can solve themRevenue Accounting doesn’t have to be complicated In principle, revenue accounting comes down to recognizing revenue when realized and earned, not when cash is received. Sounds easy enough if your company sells one-time products, but if your sales involve bundled contracts, it can become more complicated. Managing contracts with customers likely means you are offering a combination of products and services with varying delivery schedules. Contracts are also open to discounts, changes and renegotiations. Tracking these factors manually can become a significant task and actually lead to errors when recognizing revenue. To help standardize the process of revenue recognition, the Fina

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