The document discusses modifications needed to transaction-based ERP systems to comply with new revenue recognition standards under ASC 606. It describes adding new elements like a contract dimension, contract transactions to model agreements, and revenue/expense templates to recognize amounts over time. The "As Is" transaction system would need repurposing, but Intacct provides a dedicated contract management system that supports the standards out of the box. Intacct allows dynamic contract changes, allocation of bundled prices, and matching of revenues and expenses for compliance.
Sage Intacct Presentation - Moving from Order Entry to Contractsndhsshare1
Dear Colleague,
We were thankful for the opportunity to present at the 2018 Sage Intacct Advantage conference. We compared order entry to contract management systems, showing the capability of the latter to manage continuous workflow, subscription billing, and meet ASC 606 compliance requirements. Creating business value through automation, simplification, and options for enterprise-wide visibility.
Available for your consideration, and one-on-one review with our team.
Sincerely,
Seth Pomeroy, Partner, NDH
312.461.0505
seth@ndhcpa.com
Sage Intacct Mission Manager – Managing NFP’s and Associations Using Intacct ERPndhsshare1
Dear Colleague,
To meet the mission of your not-for-profit or association, you look for new ways to improve operations. You’ve told us your systems aren’t getting you there, putting your mission at risk.
Referenced here is an introduction to Sage Intacct for NFPs and associations, and how 1,000’s of organizations are improving operations and insight.
To meet your mission, schedule a demo walkthrough with one of our solution specialists, or contact us with additional questions.
Sincerely,
Seth Pomeroy, Partner, NDH
312-461-0505
seth@ndhcpa.com
New Revenue Recognition Standards ASC 606ndhsshare1
Dear Colleague,
As CFO’s prepare to address the new Standard for revenue recognition as required by ASC 606, “Revenue from Contracts with Customers,” they will need to adopt new tactics for managing revenue, and systems to support the Standard. Not only are the narratives of “when? and “how much?” revenue to recognize changed, but broader changes in the economy including subscriptions, pricing models, and disclosures driving changes in how CFO’s maintain their financial systems to support operations and reporting.
We have summarized the core principal, and information relevant to the upcoming changes to both the FASB and IASB treatment of revenue recognition for your review. We look forward to discussing these changes with you, and helping you to consider your preparedness for ASC 606.
Best Regards, Seth Pomeroy, CPA, MIS
seth@ndhcpa.com / 312.461.0505
Identify the reporting and disclosure requirements of ASC 606
Implement Contracts reporting to meet 606 objectives
Assess your financial position, performance per Contracts metrics
SAP FICO General Ledger EndUser Training | www.sapdocs.infosapdocs. info
You can download this material from http://sapdocs.info/sap/fico/download-sap-general-ledger-accounting-enduser-training-ppt-material/
Get more SAP Materials from http://sapdocs.info/sap/
Sage Intacct Presentation - Moving from Order Entry to Contractsndhsshare1
Dear Colleague,
We were thankful for the opportunity to present at the 2018 Sage Intacct Advantage conference. We compared order entry to contract management systems, showing the capability of the latter to manage continuous workflow, subscription billing, and meet ASC 606 compliance requirements. Creating business value through automation, simplification, and options for enterprise-wide visibility.
Available for your consideration, and one-on-one review with our team.
Sincerely,
Seth Pomeroy, Partner, NDH
312.461.0505
seth@ndhcpa.com
Sage Intacct Mission Manager – Managing NFP’s and Associations Using Intacct ERPndhsshare1
Dear Colleague,
To meet the mission of your not-for-profit or association, you look for new ways to improve operations. You’ve told us your systems aren’t getting you there, putting your mission at risk.
Referenced here is an introduction to Sage Intacct for NFPs and associations, and how 1,000’s of organizations are improving operations and insight.
To meet your mission, schedule a demo walkthrough with one of our solution specialists, or contact us with additional questions.
Sincerely,
Seth Pomeroy, Partner, NDH
312-461-0505
seth@ndhcpa.com
New Revenue Recognition Standards ASC 606ndhsshare1
Dear Colleague,
As CFO’s prepare to address the new Standard for revenue recognition as required by ASC 606, “Revenue from Contracts with Customers,” they will need to adopt new tactics for managing revenue, and systems to support the Standard. Not only are the narratives of “when? and “how much?” revenue to recognize changed, but broader changes in the economy including subscriptions, pricing models, and disclosures driving changes in how CFO’s maintain their financial systems to support operations and reporting.
We have summarized the core principal, and information relevant to the upcoming changes to both the FASB and IASB treatment of revenue recognition for your review. We look forward to discussing these changes with you, and helping you to consider your preparedness for ASC 606.
Best Regards, Seth Pomeroy, CPA, MIS
seth@ndhcpa.com / 312.461.0505
Identify the reporting and disclosure requirements of ASC 606
Implement Contracts reporting to meet 606 objectives
Assess your financial position, performance per Contracts metrics
SAP FICO General Ledger EndUser Training | www.sapdocs.infosapdocs. info
You can download this material from http://sapdocs.info/sap/fico/download-sap-general-ledger-accounting-enduser-training-ppt-material/
Get more SAP Materials from http://sapdocs.info/sap/
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IFRS 15 - the new revenue recognition standard EY Belgium
The IASB and the FASB have jointly issued a new revenue standard, IFRS 15 Revenue from Contracts with Customers, which will replace the existing IFRS and US GAAP revenue guidance.Find out more in our comprhensive brochure.
Revenue Recognition is based on the new IFRS-Standard:
IFRS 15 sets out the requirements for recognizing revenue
that apply to all contracts with customers (except for
contracts that are within the scope of the Standards on
leases, insurance contracts and financial instruments).
IFRS 15 is effective from 1 January 2017 but earlier
application is permitted.
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Learn how Intacct's best-in-class cloud ERP solution can improve your transition by:
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2. 1
Sage Intacct Contract Manager
Part I Part II Part III Part IV
Topic Details I Topic Details II Topic Details III Topic Details IV
MEETING
CONTRACT
STANDARDS
THE
REV REC
STORY
TRANSACTION
VS. CONTRACT
BASED ERP
THE INTACCT
CONTRACT
SOLUTION
MODIFICATIONS
TO YOUR
SYSTEMS
ADDRESSING
ASC 606 ONE
PART AT A TIME
REPORTING
DETAIL
CFO
PREPAREDNESS
For above topics click on cell to navigate to section
Sage Intacct Contract Manager NDH 1
3. 2
To meet sweeping changes in rev rec standards
you look for ways to modify your ERP system.
Sage Intacct Contract Manager NDH 2
4. 3
You’ve also recognized the need for better financial
metrics –especially related to your contracts.
Sage Intacct Contract Manager NDH 3
5. A crossover point is here, where holding on to
the “As Is” could imperil your financial operations.
Sage Intacct Contract Manager NDH 4
6. 5
Your options include retrofitting your current ERP with
new “parts” that can help address the new standards.
Contract Dimension GL Accounts Contract Transaction Items (mirroring POs)
MEA Price List Revenue Templates Expense Templates Dual Books
Sage Intacct Contract Manager NDH 5
7. 6
But adding these “parts” may involve repurposing your
system, leaving you with a “Frankenstein” solution.
Sage Intacct Contract Manager NDH 6
8. Alternatively, a better “machine” exists for meeting
the new contract-based standards –Sage Intacct.
Sage Intacct Contract Manager NDH 7
9. 8
Intacct meets the new standards, and gives you
a system for managing a dynamic contract portfolio.
Transaction Requirements:
Managing Contracts with Customers
✓ Scope and Price Modifications
✓ Multi-Element Arrangements
✓ Revenue and Expense Matching
✓ Non-Linear Pricing & Billing
✓ Backlog & Contract Reporting
External Requirements
✓ ASC 606 & IFRS 15 Compliance
Sage Intacct Contract Manager NDH 8
10. 9
With powerful contract metrics and reporting to
meet ASC 606 & IFRS 15 disclosure requirements.
Sage Intacct Contract Manager NDH 9
11. 10
As always, accounting for revenue is a consideration of:
When? How Much?
Now Point-in-Time
When?
Now Period of Time
When?
How
Much?
Sage Intacct Contract Manager NDH 10
12. 11
For the new rev rec standards the application of when
and how much is specific to contracts with customers.
FASB’s Accounting
Standards Update 2014-09,
or Topic 606 & IFRS 15 is:
Revenue from Contracts
with Customers
Sage Intacct Contract Manager NDH 11
13. 12
In summary, the new standards measure revenue by
performance and entitlement at the contract level.
ASC 606 IFRS 15 ASPE (Canada GAAP) ASPE (Canada GAAP)
Performance Model
Answers “When” to recognize revenue
• Revenue recorded when the entity performs.
• Performance aligns with control; when the
entity performs, customer controls.
Entitlement Model
Answers “How Much” revenue to recognize
• Revenue recorded to the extent of entitlement.
Difference exists between ASC 606 and IFRS 15
for the recording of variable consideration. IFRS
15 specifies a “highly probable” standard for the
reversal of VC, where ASC 606 only “probable.”
Control Model
For ASPE, the control
model applies pro-
vided there’s no con-
flict with §3400. In this
case, revenue is
recognized similar to
the standards applied
under IRFS 15.
Examples: variable
consideration, IP,
software, construction.
Risk & Reward Model
§3400 As Per Goods
• The seller has
transferred to the
buyer the significant
risks and rewards of
ownership.
• Reasonable assur-
ance of measure-
ment of the consid-
eration derived, and
the extent of returns.
Sage Intacct Contract Manager NDH 12
14. 13
To meet the new rev rec standards, and manage your
contract portfolio, an ERP must meet these 5 objectives:
1. Allow modifications to scope and price
2. Allocate and reallocate revenue
3. Schedule non-linear billing and revenue recognition
4. Match contract expenses with revenues
5. Report on contract renewals, backlog, and cash flows
Sage Intacct Contract Manager NDH 13
15. 14
Typical transaction-based systems need to be modified
to meet these five objectives, and track the contract.
As Is System To Be System
Transaction-Based ERP
Staged Workflow
Contract-Based ERP
Continuous Workflow
Transition
Sage Intacct Contract Manager NDH 14
16. 15
These modifications are difficult as most systems
aren’t architected for dynamic contract management.
Transaction-Based ERP Systems:
Managing Contracts with Customers
Scope and Price Modifications
Multi-Element Arrangements
Revenue and Expense Matching
Non-Linear Pricing & Billing
Backlog & Contract Reporting
External Requirements
Contract Dimension for Compliance
Sage Intacct Contract Manager NDH 15
17. Built for contracts, Intacct allows you to manage
the new rules, and the dynamics of your portfolio.
Multi-Element Arrangement
Contract MetricsNon-Linear Pricing & Billing
Revenue & Expense Matching
Dynamic Contract Management
Intacct
CRM
(Salesforce)
Contract Lifecycle
Sage Intacct Contract Manager NDH 16
18. 17
Contracts allows modifications in the contract lifecycle.
Options to hold,
resume, cancel
Empower expedient updates and standards compliance.
Contract modifications involve a change in price or scope. Intacct
allows these changes, reflecting updates to revenue recognition.
Add, change contract
line items as required
Sage Intacct Contract Manager NDH 17
19. 18
Manages the complexity of multi-element arrangements.
Reduce the risk of manual errors from price allocations.
In a multi-element arrangement (MEA) related items
are bundled. Intacct does the heavy lifting behind the
price allocation, and/or reallocation for these bundles.
Multi-Element Arrangement
Sage Intacct Contract Manager NDH 18
Manual Excel MEA Calculation
Allocation Base MEA Percent MEA Amount
$399,300
19.34066 $77,226
71.96401 $287,352
2.298801 $9,579
6.296852 $25,143
Automate fair value calc.,
allocations, reallocations
20. Supports quantity-based pricing for variable agreements.
Eliminate billing leakage by automated price calculation.
The new rev rec rules require Co.’s to record variable
consideration, including quantity-based. Intacct gives
you options to accurately reflect this variable revenue.
Non-Linear Pricing & Billing
Quantity-Based Pricing Options
Tiered
Pricing
Range
Pricing
Flat Price
Fee
Base Units
Included
Cumulative
Counting
Sample Tier Pricing
Tier Begin Quantity Tier Rate
1 0 $5.00
2 1001 $4.00
3 2001 $3.00
Revenue calc per
tiered price rates
Sage Intacct Contract Manager NDH 19
21. 20
Amortizes contract expenses with related revenues.
Revenue & Expense Matching
New Standards require the capitalization of certain
contract costs. Intacct allows you to amortize these
costs consistent with the life of the contract.
Increase the accuracy of contract margin analysis.
Sage Intacct Contract Manager NDH 20
Revenue and costs managed
within same contract booking
22. 21
Reports on contract renewals, backlog, and cash flows.
New disclosure requirements include reporting the
nature, timing, and uncertainty of revenues and cash
flows. Intacct’s backlog and paid reporting follow suit.
Uncover trends in your contracts for proactive response.
Sage Intacct Contract Manager NDH 21
Certainty of
Cash flows
Timing of
Cash flows
Contract Metrics
23. 22
With a single dashboard view of your contract portfolio.
Sage Intacct Contract Manager NDH 22
Performance
Cards
Metrics
Scorecards
Renewal
Schedules
Quantity
Pricing
25. 24
The extent of modification to your systems
will depend on the type of contracts you manage.
ASC 606 & IFRS 15 Impact on Co.’s
Managing Standardized Agreements
ASC 606 & IFRS 15 Impact on Co.’s
Managing Variable Agreements
Legacy systems will likely support managing:
• Ship & Bill Contracts – Standardized goods
shipment, where performance is coincident
with benefit.
• T&M Arrangements – Time of performance is
coincident with benefit of service.
• Simple Subscription Agreements – Delivery of
independent performance obligations.
Caveat: For new standards auditability is per
contract, not invoice or customer! Thus,
contract report segmentation is absent.
Legacy systems need modification for managing:
• Long-term contracts
• Interdependent performance obligations
• Variable pricing
• Agreements subject to modification
Because the new standards force a match
between performance and benefit, systems
will need greater flexibility for managing price
allocation, and the timing of recognition.
Sage Intacct Contract Manager NDH 24
26. 25
Comparing systems illustrates the gaps, and setups a
roadmap for transitioning to the “To Be” ERP system.
As Is System To Be System
Transaction-Based ERP
• Staged Workflow – Series of transactions ending
as invoice. Contract mod. result in new workflow.
• No contract ID/dimension for related transactions
• Billing items are not consistent with performance
• For bundle, price is typically allocated to the
entire transaction, deferred, then recognized.*
• Revenue, or deferral, sourced to invoice object;
rev rec as invoice issued or scheduled (deferral).
• Costs are not aligned/allocated to contract
• Results presented are per existing standards
*Per VSOE (Vendor Specific Objective Evidence) typical of software sales
Contract-Based ERP
• Continuous Workflow – Single transaction
resulting in invoice(s). Contract mod. internal.
• Contract ID/dimension for related transactions
• Billing items represent performance obligations
• For bundle, price is allocated to each PO based
on standalone selling price, then recognized.
• Revenue, or deferral, sourced to contract object;
rev rec as entity performs, customer controls.
• Costs are aligned/allocated to contract
• Results presented per existing, new standards*
*Full and modified retrospective methods require comparability of results
Sage Intacct Contract Manager NDH 25
27. 26
Q: What’s a “Frankenstein?” A: A system that’s been
repurposed to comply with ASC 606 one part at a time.
Contract Dimension GL Accounts Contract Transaction Items (mirroring POs)
MEA Price List Revenue Templates Expense Templates Dual Books
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The contract dimension serves as the new primary
transaction ID, and links all postings unique to a contract.
Contract Dimension According to Standard
“An entity shall account for a contract with a
customer…” (606-10-25-1) The contract acts as
the primary identifier of transactional activity.
System Update System Use
Create a custom field or dimension,
which generates a unique contract
identifier for each contract transac-
tion, and related rev and exp posting.
Associate the contract ID with each
contract transaction created and
dependent invoice, and expense
postings. ID can be queried in the GL.
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New GL accounts for unbilled, billed, and paid balances
allow for disclosure requirements, and better metrics.
GL Accounts According to Standard
“[606] requires an entity to provide information
about: Contract balances, including …contract
assets and contract liabilities.” (606-10-05-5)
System Update System Use
Update the chart of accounts to
include accounts for unbilled, billed,
and paid status; for unbilled, deter-
mine on or off BS presentation.
System posting, or transaction flow,
should follow the life of the contract
from earned but not billed, to billed,
and then to a final paid status.
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A contract transaction allows modeling actual contracts:
scope and price changes, variable consideration, etc.
Contract Transaction According to Standard
“Some contracts…may have no fixed duration
and can be terminated or modified by either
party at any time. Other[s]…” (606-10-25-3)
System Update System Use
Create an AR transaction or contract
proxy; this is the initiating transact-
tion of the AR workflow, and can be
updated for contract changes.
Associate items (POs) with a con-
tract transaction. Process invoices
from the transaction, and update for
changes to the contract.
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Items need to be updated to reflect the underlying
performance obligations, leading to accurate rev rec.
Items (mirroring POs) According to Standard
“A good or service (or a bundle of goods or
services) that is distinct.” (606-10-25-14) “Per-
formance obligation,” or primary unit of account.
System Update System Use
Review existing items to determine
alignment with contractual obliga-
tions, or performance obligations.
Ensure harmonization, or update.
Use updated items (representing
POs) as line items of the contract
transaction. This will aid in the
correct recognition of revenue.
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An MEA price list represents FV for items in a bundle;
FV is compared to the contract price, with reallocation.
MEA Price List According to Standard
“For a contract that has more than one PO, an
entity should allocate the transaction price to
each PO [according to its FV]” (FASB 2014-09, 4)
System Update System Use
Create a price list which represents
the fair value of POs delivered as a
bundle. Compare to contract prices,
and reallocate accordingly.
Compare contract to fair value
prices, and reallocate according to
fair value. This reallocated price will
be used for revenue rec purposes.
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Revenue templates defer the recognition of revenue
until the transfer of the item (PO) is complete.
Revenue Templates According to Standard
“A PO may be satisfied at a point in time [typi-
cally for transfer of goods] or over time [typical-
ly for transfer of services].” (606-10-05-4)
System Update System Use
Create revenue templates that gate
the recognition of revenue over a
period of time, or set to “delivered”
for point-in-time recognition.
Associate revenue templates with
items (POs) within the contract trans-
action. Trigger recognition over a
period of time, or at a point-in-time.
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34. Expense templates defer the recognition of contract
related costs over the length of the contract.
Expense Templates According to Standard
“An entity shall recognize as an asset the incre-
mental costs of obtaining a contract [if recover-
able], [and to] fulfill a contract.” (340-40-25-1,-5)
System Update System Use
Create expense templates that gate
the recognition of expenses over a
period of time, or allow immediate
expense recognition when impaired.
Associate expense templates within
the contract transaction, or with
expense items. Trigger recognition
over period of time, or point-in-time.
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Dual books allow an entity to determine, and present,
a transition method from existing to new standards.
Dual Books According to Standard
“[for transition reporting]: Retrospectively to
each prior reporting period, or retrospectively
with the cumulative effect.” (FASB 2014-09, 10)
System Update System Use
Create secondary book, or journal,
which captures revenue and expen-
se template postings per prior/
existing standards.
Use results posted to secondary
book or journal as comparative for
either full retrospective, or,
modified retrospective approach.
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With transition to the “To Be System” two broad
sets of contract-based reporting can be addressed.
Enterprise
Visibility:
Position &
Performance
Metrics:
Support for
Prescriptive
Assessment
Disclosures:
Support for
New
Standards
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Disclosure requirements related to the nature, timing,
and uncertainty of revenues and CF from contracts.
Disclosure Schedule Schedule Requirement Non-Public Practical Expedient
Disaggregation of revenue from
contracts
Reconciliation of contract rev rec
according to product line, market
vertical, geography, and timing.
Yes, but must present revenue by
point-in-time (goods) vs. period of
time (services).
Opening and closing balances of
contract assets and liabilities
Presentation of contract assets and
liabilities with opening, closing, and
net changes over multi-year period.
None
Revenue recognized from past
performance
Reconciliation of “out of period”
adjustments due to a change in
estimates of contract values.
Yes
Transaction price allocated to
remaining POs
Presentation of contract backlog
with schedule for fulfillment and
recognition of remaining POs.
Yes. Also practical expedient for
public entities with contracts less
than one year.
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Disclosure requirements drill down: capturing data to
support details for contract assets, liabilities, etc.
Contract Metric Definition Where Normal Balance
Unbilled Accounts Receivable Contracted Backlog Not Billed Face of BS* Debit
Unbilled Deferred Revenue Contracted Backlog Not Earned Face of BS* Credit
Unbilled Sales Revenue Amounts Earned Not Billed Face of P&L* Credit
Billed Accounts Receivable Amounts Billed Not Paid Face of BS Debit
Billed Deferred Revenue Amounts Billed Not Earned Face of BS Credit
Billed Sales Revenue Revenue Earned Not Paid Face of P&L Credit
Paid Deferred Revenue Amounts Billed and Paid, Not Earned Face of BS Credit
Paid Sales Revenue Revenue Earned and Paid Face of P&L Credit
*Either all three are presented on face of financial statements or posted to non-GAAP GL accounts
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Data for contract disclosures also supports analysis of
enterprise-wide financial performance and operations.
Contract Metric Prescriptive Meaning
Unbilled Accounts Receivable* Inefficiency in billing process (if unbilled A/R > unbilled def. revenue)
Unbilled Deferred Revenue* Inefficiency in billing process (if unbilled def revenue < unbilled A/R)
Unbilled Sales Revenue* Inefficiency in billing process; revenue earned but not billed
Billed Accounts Receivable Inefficiency in collections process (if billed A/R > cash)
Billed Deferred Revenue Inefficiency in service process (if billed def revenue > billed sales rev)
Billed Sales Revenue Inefficiency in collections process (if billed sales rev > paid sales rev)
Paid Deferred Revenue Inefficiency in collections process
Paid Sales Revenue Inefficiency in collections process (if billed sales rev > paid sales rev)
*Either all three are presented on face of financial statements or posted to non-GAAP GL accounts
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40. For visibility, dashboards present contract metrics
for update of financial position and performance.
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41. ASC 606 & IFRS 15 Disclosure Requirements
Sample Presentation: Disaggregation of Revenue
Disaggregation of Revenue from Contracts
Segment Consumer Transport Energy Total
North America $ 1,155 8,971 9,874 $ 20,000
Europe 4,155 10,578 12,457 27,190
Major Goods or Services
Appliances 2,411 13,438 7,697 23,546
Plant Feasibility Study 2,899 6,111 14,634 23,644
Timing of Rev Rec
Goods Xfer’d at Point-in-Time 714 11,293 5,310 17,318
Services Xfer’d Over Time $ 4,596 8,256 17,021 $ 29,872
Source: IFRS Taxonomy 2017, example 41
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ASC 606 & IFRS 15 Disclosure Requirements
Sample Presentation: Rev Rec from Past Performance
Revenue Recognized from Past Performance
Consideration Original Amount Adjusted** Recognized
Fixed $ 23,000 23,000 $ 11,500
Variable* 4,800 4,800 2,400
Total Potential Consideration $ 27,800 27,800 $ 13,900
Cumulative Adj. for Earning Variable Consideration (remaining variable) $ 2,400
*Contract calls for bonus/variable consideration for meeting performance qualifications.
**Adj to total potential as Co. looks to rec. all var. consideration for meeting agreed upon performance qualifications.
Type Fixed Consideration Variable Consideration
Definition Future cash flows are known and predictable, with
no enhancements or reductions from expected
collections.
Future cash flows are uncertain; circum-
stances may either enhance, or reduce, from
expected collections.
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ASC 606 & IFRS 15 Disclosure Requirements
Sample Presentation: Transaction Price Allocated to POs
Transaction Price Allocated to Remaining POs (AKA Backlog )
Contract Type Grouping 2018 2019 2020 Total
Appliances $ 7,800 4,550 1,345 $ 13,695
Plant Feasibility Study 8,950 6,475 3,575 19,000
Consumer Products 1,225 975 445 2,645
Manufactured Parts 2,775 2,600 1,350 6,725
Total Contract Groupings $ 20,750 14,600 6,715 $ 42,065
Reported backlog is for contracts greater than one year that are unsatisfied or partially satisfied. Contract presenta-
tion per major good or service category.
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Building a better machine: CFOs need to consider a
migration path to running the new rev rec standards.
Checklist for the To Be ERP System
• Roadmap detailing transition of systems and
processes
• ERP architected for contract and 606 management
• CRM and ERP integration for joint contract
management
• Revised data model to support contract reporting
• Conversion of legacy transactions into contract
balances
• Coordination with auditors for 606 transition
approach
• Legal review of contracts for determination of POs
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Thank you for your participation. For future contact.
Seth Pomeroy, CPA, MIS | Partner, NDH
312.461.0505 | seth@ndhcpa.com
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