How to treat fixed cash consideration anticipated to be received?

Include the total fixed, cash consideration to be received in exchange for transferring all promised goods or services in the contract(s).

Exclude amounts that are collected on behalf of others. If the related performance obligation (identified in Step 2) is to arrange for other parties to provide the good or service (i.e., the reporting entity is an agent) then only include the net consideration.

As an option, the reporting entity can exclude taxes from consideration. If the reporting entity wants to include taxes, then additional analysis is required.

ASC 606-10-32-2, ASC 606-10-55-23, ASC 606-10-55-25 and ASC 606-10-55-39

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