• Practice Management - QuickPress

    What are the Accounting Rules for Selling Web-based Subscriptions? —CRM Buyer

    There’s No Accounting for the Subscription Economy  It’s taken over 10 years to get the idea of the subscription economy into our noggins, but we’ve barely started internalizing what it takes to support it and report on it as a business, reports Dennis Pombriant at CRM Buyer. Add “Accounting” for 32 Points and a Triple Score “Wall Street types are very accustomed to companies selling products rather than subscriptions,” he reports. But “subscriptions have a mixed bag of revenue recognition ideas that challenge the status quo”:  . . . Subscriptions as a way of doing business are just about everywhere;…