The latest income recognition conditions in 223 are as follows:

The latest income recognition conditions in 223 are realization principle and the matching principle.

according to accounting standards and tax laws, revenue recognition should follow the following principles:

realization principle: revenue should be recognized upon realization. Realization means that the enterprise has provided the goods or services to the buyer, and the buyer has accepted and paid the consideration.

matching principle: income should be matched with related costs and expenses. This means that when revenue is recognized, the related costs and expenses must be recognized at the same time, so as to correctly calculate the net income of the enterprise.

When recognizing revenue, the following specific criteria must be followed:

Revenue from sales of commodities: if the enterprise has transferred the main risks and rewards of commodity ownership to the buyer, and the enterprise no longer enjoys the risks and rewards of ownership of the commodity, and the relevant economic benefits are likely to flow into the enterprise, and other conditions for revenue recognition are met, then revenue should be recognized.

income from providing labor services: income should be recognized when the transaction of providing labor services is completed, and the payment from the customer or the right to receive payment has been received, and the obligations in the collection process have been completed, and other conditions for income recognition are met.

revenue from assignment of the right to use assets: if an enterprise has signed a contract with others for assignment of the right to use patents, trademarks, non-patented technologies, stock rights, creditor's rights, etc., and has completed the assignment transaction of the right to use assets, and meets other conditions for revenue recognition, revenue shall be recognized.