Revenue Accounting and Reporting with SAP S/4HANA
- 7h 13m
- Sreten Milosavljević, Swayam Prabha Shankara
- Rheinwerk Publishing Inc.
- 2024
Does your business provide contract-based sales or services? Then you need this comprehensive guide to recognizing your revenue in SAP S/4HANA! Whether you’re using classic revenue accounting and reporting (RAR) or optimized contract management (OCM), get step-by-step instructions to configure RAIs and contracts. Then post, reconcile, and report your revenue. Learn about administration and troubleshooting activities, see how to migrate from classic RAR to OCM, and take your first look at event-based revenue recognition. Everything you need for “rev rec” is here!
- Configure SAP S/4HANA for classic and optimized revenue recognition
- Calculate, post, and report on revenue with step-by-step instructions
- Enrich your revenue recognition data through BRF+ structures, custom RAIs, and more
About the Author
Sreten Milosavljević has worked as a senior SAP finance consultant for more than 20 years. Thanks to the perfect storm of IFRS 9, IFRS 15, and IFRS 16, since 2016, his primary focus has been on working with revenue accounting and reporting and contract lifecycle management. During this time, he gained experience with most of the industries that are impacted by the implementation of either IFRS 15 or ASC 606, including telecommunications, healthcare, manufacturing, and high-tech. Sreten is currently involved in solving complex topics for a variety of customers, especially regarding integration points between different systems.
Swayam Prabha Shankara has been a technical consultant for more than 16 years. Over this period, she has worked with different technologies to apply the latest approaches. She has been working with revenue accounting and reporting in the SAP space since 2017, beginning with a project for a major telecommunications customer that had complex issues related to data volume and performance. She has continued working on different revenue accounting and reporting projects, updating her skills for SAP HANA, CDS views, and system design and development.
In this Book
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Introduction to Revenue Recognition
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Designing Your Revenue Recognition Landscape
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Configuring Inbound Processing (Classic and Optimized)
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Revenue Accounting Items
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Contract Management
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Revenue Posting and Reporting
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Administration and Troubleshooting
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Migrating to Optimized Contract Management
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Event-Based Revenue Recognition
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Service Pages
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Legal Notes
