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in this video I'm going to talk about how to account for bundled services which are also known as multi element transactions and this is basically something that happens when you have a software company and they sell a package deal that has let's say ins installation of software some later upgrades customer support there might even be some training of employees or so forth so you've got these different elements right of this bundle that are being sold together this being sold as a package and let's just say that in our example here let's say that there's Suzy software company Suzy software and they sell these elements right here for a package deal of fifty thousand dollars right so that's that that's the package price now the question is how is Suzy going to our Suzy software going to recognize this fifty thousand dollars do they recognize it at all immediately or what percent deals with upgrades what has to do a customer support etc and so what we're gonna do to figure this out is we...
