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SIGNIFICANT ACCOUNTING POLICIES (Details 2) | 12 Months Ended
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Jun. 30, 2020 USD ($)
Accounting Policies [Abstract] |
Contract assets, beginning | $ 4,682,799
Revenue recognized during the period but not billed | 600,200
Amounts reclassified to accounts receivable | (2,143,519)
Other | 0
Contract assets, ending | 3,139,480
Contract liability, beginning | 1,917,787
Amounts billed but not recognized as revenue | 1,709,485
Revenues recognized related to the opening balance of deferred revenue | (1,781,925)
Other | 0
Contract liability, ending | $ 1,845,347

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- Definition Amount, after allowance for credit loss, of right to consideration in exchange for good or service transferred to customer when right is conditioned on something other than passage of time. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 8 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130549-203045 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556615&loc=SL49130531-203044 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=121556615&loc=SL49130533-203044 + Details
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