ACCOUNTING HELP - DEFERRED REVENUE ADJUSTMENT
Hi I am working with a broker to try and understand a deferred revenue adjustment. The business is cash and sells prepaid contracts in which 70% of costs are incurred in the first year. The broker is arguing to only amortize 30% of the revenue which seems wonky, but I could really use a CPA to help me look at this issue and eventually work with us on a QOE once this is signed up. Leave a comment and I will message you back.