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Suzie amp; Sisters Inc: (the "Company") assists clients by designing and implementing solutions that reduce the overall costs of its customers'...
Suzie & Sisters Inc: (the "Company") assists clients by designing and implementing solutions that reduce the overall costs of its customers' supply chains. The Company provides Just-In-Time (JIT) inventory management of spare parts used in its customers' manufacturing processes to reduce cycle times and lower inventory-related costs. The Company (Suzie) entered into a supply management contract (the "Agreement") with Tara's Partners (the"Customer"), an unrelated third party, to provide spare parts , management services,(including sourcing, procurement, repair, transport and delivery), and warehouse management.
According to the FASB Codification, how should the Company (Suzie's Sisters) report revenue related to this arrangement?
