"Do you include option years in the bookings #?"
This question was asked at a recent webinar, now available on-demand:
"Why Companies Need a Bookings Policy, and How to Create One"
Please add your thoughts about it below. Thanks!
Accounting For Customer Renewal Options
Answers
I would not. I would consider this to be a renewal metric to be evaluated separately. You may want to include them to calculate colt (or customer life time value) if the business model supports this metric.
Filed Under:
Accounting