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About: Installment sales method     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : yago:WikicatAccountingSystems, within Data Space : dbpedia.demo.openlinksw.com associated with source document(s)

Type: yago:Abstraction100002137yago:Accounting113405962yago:Communication100033020yago:Document113403331yago:Record113403643yago:Register113412321yago:WikicatAccountingSystems New Facet based on Instances of this Class

The installment sales method is one of several approaches used to recognize revenue under the US GAAP, specifically when revenue and expense are recognized at the time of cash collection rather than at the time of sale. Under the US GAAP, it is the principal method of revenue recognition when the recognition occurs subsequently to the sale.