LBMC Tech provides professional services firms with business software, CRM services, ECM software, software development & network administration services.

Revenue Recognition Standards Have Changed – What Does My Company Do Now?

Revenue recognition accounting standards drastically changed for middle market nonpublic businesses, effective January 1, 2019, for those with a calendar year-end. What do we need to do to comply with these changes, and how do we get there? Read the article to find out.

Top 5 Technology Trends in the Hospitality Industry

When it comes to the hospitality business, digital transformation is a mix of greater customer demands—and the technology that can help meet them. Let’s look at the top 5 trends impacting the hospitality industry.

Revenue Recognition Rule Changes Under TCJA

The Tax Cuts and Jobs Act (TCJA) contains a provision that ties revenue recognition for book purposes to income reporting for tax purposes, for tax years starting in 2018.

The Hidden Costs of On-premise Hosting

On-premise hosting can be attractive with lower long-term costs, no subscription fees, and ultimate control, its quite easy to see how IT executives consider it. But there are many costs associated with on-premise solutions that aren’t clear. This article discusses the hidden costs.