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Does RMCS cover the Implicit Financing scenarios? — Cloud Customer Connect
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Does RMCS cover the Implicit Financing scenarios?

Received Response


Our client has a requirement where RMCS has to treat the difference between the Transaction Price and Allocated Transaction Price (if it exceeds a certain %age to be determined by the client) as Finance Charge.

This is one of the requirements under ASC606 for this client.

Does RMCS meet this requirement?

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