Do we also add perpetual and subscription costs to contract costs? If so, why is it still termed as contract cost?

We calculate these costs every month for all types of contracts. We calculate the subscription cost for the next payment term and the perpetual costs for the next financial year. But since a contract is a generic term, we use it for all kinds of contracts.

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Do we also add perpetual and subscription costs to contract costs? If so, why is it still termed as contract cost?

Modified on Thu, 29 Dec 2022 at 07:20 PM

We calculate these costs every month for all types of contracts. We calculate the subscription cost for the next payment term and the perpetual costs for the next financial year. But since a contract is a generic term, we use it for all kinds of contracts.

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