XML 59 R47.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 2 - Summary of significant accounting policies: Revenue Recognition (Policies)
12 Months Ended
Dec. 31, 2017
Policies  
Revenue Recognition

Revenue recognition

 

The Company recognizes revenue in accordance with ASC 605 “Revenue Recognition”. The Company records revenue under each contract once persuasive evidence of an agreement exists, delivery has occurred, or services have been rendered, the fee is fixed or determinable and collectability is reasonably assured. Service fees are generated by WCI for monthly services performed to reduce customer’s operating costs. Service fees are invoiced and recognized as revenue in the month services are performed. Consulting revenue is recognized at the time the related services are provided as specified in the related consulting agreements.