Meaning of Deferred Contract Costs

How we at Bookkeeping Support Define the Meaning of Deferred Contract Costs:

Deferred contract costs are expenses incurred to complete a contract that are postponed and later recognised as revenue.

How AI Define the Meaning of Deferred Contract Costs:

Deferred Contract Costs: Costs associated with obtaining a contract that will be expensed in the future.

Our Services

Oh hi there 👋
It’s nice to meet you.

Sign up to receive awesome content in your inbox, every month.

We don’t spam! Read our [link]privacy policy[/link] for more info.