Master Revenue Accounting and Reporting with SAP RAR: From Fundamentals to Implementation
Universal Revenue Recognition? What? Is this a new solution from SAP for recognizing revenue? To alleviate any excitement or confusion, it is not entirely new. Instead,
Hi Team, I'm an ABAPER and got a requirement like restricting the Sales Orders with net value 'Zero'(i.e. VBAK-NETWR = 0') to reach RAR. Actually whenever their is an sales order with zero value and having revenue accounting condition SSP values, that particular orders are available in transaction 'FARR_RAI_MON' to process further which further results into an error. They don't want to see these orders in the RAI MON screen itself. As per my analysis, something we can do it with BRF+ configurations or any other way to achieve this. I'm fully ne ...
Solved: Hi, Please guide if the below requirement is possible to implement through Standard SAP Revenue recognition (VF44) Current billing plan pattern includes 21
Today, in the business world which experiences fluctuations on a more regular basis, the role of revenue recognition is very significant for enterprises from any
Schedule Overhead Accounting Jobs Now, we can look at the journal entries related to revenue recognition. There is a debit posting on the Balance Sheet (BS) Work-in-Progress (WIP Accrued...
SAP Managed Tags: SD (Sales and Distribution) ; I'm looking for guidance on how to setup a pricing procedure conditions. First let me explain the situation. What happens is the customer buys say 2000 software licenses on a sales order. The customer is billed and the customer account is debited and a deferred account is credited. Now the customer activates one of the licenses. The pricing from the sales order is copied to a contract. This contract has a start and end date for the license. Now tha...
Towards the end, lists down some important configurations in SAP RAR (Revenue Accounting and Reporting). RAR is also used to comply with ASC 606 - Revenue from Contracts with Customers. 2. Audience · Consultants/Business Users. 3. Purpose ...
Configuring the billing process in SAP Sales and Distribution (SD) is essential for managing customer invoicing and financial transactions. Here’s a step-by-step guide to configuring billing in SAP...
Hello, We have activated Revenue Recognition in our system. It mostly works fine but one issue that I have come across recently is that for some orders even if item