Standalone selling price
In accounting, standalone selling price means the price at which an entity would sell a good or service separately — the basis for allocating the transaction price across performance obligations.
- Layer
- Lexicon
- Defined in
- Lexicon
- Also called
- SSP
- Nearby
- 4
Authority
This definition follows ASC 606-10-32-31.
Every citation in this system, with the text we read and the date we checked it, is in US GAAP and where these rules come from.
For founders
The same idea written for a founder: what it costs a startup that ignores it, and what to do in a real month.
What it is not called
Each of these is a real word for a different thing. Using it here is what makes a product read as though it was built by someone who has not done the work.
- list price (only evidence of SSP, not SSP itself)
Nearby in the catalog
No component names this concept outright. These are the ones in its part of the system, which is a weaker claim — but a component nothing links to is a component nobody finds.
Terms this one depends on
- Transaction priceThe consideration an entity expects to be entitled to for the contract, including estimated variable consideration and excluding amounts collected for third parties such as sales tax
- TransactionA business event — a payment, a sale, a purchase
- StandaloneA single entity, without consolidation
- BasisCash or accrual
Also in Revenue recognition
Work with this concept
The calculators that compute it and the ledger payloads that carry it. A definition is where a reader starts; these are where they go next.
Defined in Lexicon. This page is generated from that document, so the two cannot disagree.