Re: installment payments
in response to
by
posted on
Apr 09, 2008 01:42PM
And actually that would probaly fall into the 'contingency' realm instead of 'installment' sales, so no receivable could be booked. On the other side of the coin, if the 'resolution' included, or is based on, royalty payments, no one knows what those reporting parameters might be. What if it involved an annual accounting going forward, thus pushing revenue recognition and payments out anothher year. It is hard just impossible to determine the situation without more information and I am somewhat stunned that an NDA would even preclude a statement such as, "The terms are confidential but they do include future periodic payments based on certain conditions" ....... that alone would be enough for me and maybe most of us.