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All CollectionsStripe and Automated Revenue Recognition
Is my revenue automatically ASC 606 compliant in Puzzle?
Is my revenue automatically ASC 606 compliant in Puzzle?
Luke Frye avatar
Written by Luke Frye
Updated over a year ago

At the moment, we do not guarantee that your revenue will be recognized appropriately under ASC 606 as there are a number of considerations to take into account.

ASC 606 is the framework from the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) that dictates how companies need to recognize revenue from contracts with customers. 

We recommend that you always speak with an accountant to make sure your financials are recorded in accordance with all accounting standards. If you need a bookkeeper, tax professional, or fractional CFO, please connect with one of our accounting partners.

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