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Posted On: 05/10/2020 10:34:17 PM
Post# of 32688
Usually it's not when it's shipped
Usually it's when it's delivered
The company I am consulting for, end of year ended, April 26th
They asked me to accelerate $2M of purchases into FY20
To do so, I had to physically receive $2M of good
Doesn't matter if they are sitting in shipping...
Doesn't matter if they are in route
I have to prove they are on the dock by April 26th
Revenue in generally, is recognized when the goods are received
Something never mentioned...
I like to mention, the non-mentioned
Sampling...
Back in the day, you could hand samples to people at the gym
Back in the day, you could hand samples while you were grabbing a mug at Starbucks
"Hey, Jed, you really need to check this out. Here, try this..."
Them days, ended in March
Enter the new normal...
How exactly to you extend samples in this new normal?
I know one way...
I know of only one way...
Verb App...
While your are stuck in the house
Sample revenue kicking up a notch in Q2
Usually it's when it's delivered
The company I am consulting for, end of year ended, April 26th
They asked me to accelerate $2M of purchases into FY20
To do so, I had to physically receive $2M of good
Doesn't matter if they are sitting in shipping...
Doesn't matter if they are in route
I have to prove they are on the dock by April 26th
Revenue in generally, is recognized when the goods are received
Something never mentioned...
I like to mention, the non-mentioned
Sampling...
Back in the day, you could hand samples to people at the gym
Back in the day, you could hand samples while you were grabbing a mug at Starbucks
"Hey, Jed, you really need to check this out. Here, try this..."
Them days, ended in March
Enter the new normal...
How exactly to you extend samples in this new normal?
I know one way...
I know of only one way...
Verb App...
While your are stuck in the house
Sample revenue kicking up a notch in Q2
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