The idea of more accounting compliance requirements probably doesn't thrill you.
Or maybe it does! Who am I to know?
Either way, as a SaaS business, the generally accepted accounting principles (GAAP) standards of revenue recognition—namely ASC 606—are something you absolutely must pay attention to.
source https://blog.fusebill.com/how-to-automate-asc-606-step-4-5-compliance
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