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!
In this book, you'll learn about:
a. Revenue and Contracts
Get inbound processing up and running with classic and optimized revenue recognition. Set up, process, and extend RAI classes using tools like BRFplus and APIs. Then configure contract management and performance obligations to suit the needs of your business.
b. Posting and Reporting
Learn about revenue reporting options in SAP S/4HANA. Post revenue using ABC jobs, reconcile revenue through the Universal Journal, and integrate revenue with profitability analysis. Extend your reports using new tools like CDS views.
c. Administration and Implementation
Manage your revenue recognition implementation. Learn how to handle performance issues, perform reclassifications, and clean up data. Get troubleshooting tips and insight into the migration from classic RAR to OCM in SAP S/4HANA.
Highlights include:
1) Classic revenue recognition
2) Optimized contract management
3) Revenue accounting item (RAI) classes
4) Inbound processing
5) Contract management
6) Performance obligations
7) Revenue posting
8) Revenue reporting
9) Administration
10) Troubleshooting
11) Migration
Reihe
Sprache
Verlagsort
Zielgruppe
Editions-Typ
Maße
Höhe: 259 mm
Breite: 182 mm
Dicke: 32 mm
Gewicht
ISBN-13
978-1-4932-2434-0 (9781493224340)
Schweitzer Klassifikation
Autor*in
Sreten Milosavljevic has worked as a senior SAP finance consultant for the past 20 years. Thanks to the perfect storm of IFRS 9, IFRS 15, and IFRS 16, since 2016, his primary focus has been 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 concerning 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.
... Preface ... 13
... How This Book Is Organized ... 13
... Acknowledgments ... 15
... Conclusion ... 15
1 ... Introduction to Revenue Recognition ... 17
1.1 ... What Is Revenue Recognition? ... 18
1.2 ... Five-Step Model of IFRS 15 ... 19
1.3 ... Industry Impact ... 32
1.4 ... Revenue Recognition and SAP ... 46
1.5 ... Summary ... 52
2 ... Designing Your Revenue Recognition Landscape ... 55
2.1 ... The SAP Landscape and Revenue Recognition ... 55
2.2 ... Integration with Different SAP Components ... 61
2.3 ... Revenue Recognition Data Model ... 70
2.4 ... Choosing Your Revenue Recognition Tool ... 110
2.5 ... Summary ... 115
3 ... Configuring Inbound Processing (Classic and Optimized) ... 117
3.1 ... Setting Up Revenue Accounting Integration ... 118
3.2 ... Inbound Processing ... 122
3.3 ... Extending RAI Classes ... 138
3.4 ... Summary ... 140
4 ... Revenue Accounting Items ... 141
4.1 ... Processing Revenue Accounting Items ... 141
4.2 ... Managing Revenue Accounting Items ... 161
4.3 ... Extending Transaction FARR_RAI_MON ... 166
4.4 ... Error Resolution While Creating Revenue Accounting Items ... 168
4.5 ... Business Rules Framework Plus ... 177
4.6 ... Creating Custom Revenue Accounting Items ... 185
4.7 ... Summary ... 211
5 ... Contract Management ... 213
5.1 ... Setting Up Contract Management ... 213
5.2 ... Setting Up Performance Obligations ... 236
5.3 ... Managing Performance Obligations and Event Types ... 252
5.4 ... Modifying Contracts ... 277
5.5 ... Handling Price Allocations ... 299
5.6 ... Summary ... 301
6 ... Revenue Posting and Reporting ... 303
6.1 ... Basics of Reporting and Calculations ... 303
6.2 ... Posting with ABC ... 327
6.3 ... Integrating with Profitability Analysis ... 338
6.4 ... Reporting ... 341
6.5 ... Summary ... 363
7 ... Administration and Troubleshooting ... 365
7.1 ... Parallel Processing Framework and Performance Issues ... 366
7.2 ... Reclassification ... 383
7.3 ... Data Cleanup ... 392
7.4 ... Helpful Tips and Tricks ... 414
7.5 ... Summary ... 423
8 ... Migrating to Optimized Contract Management ... 425
8.1 ... Business Case for Migration ... 426
8.2 ... Preparation Activities for Migration ... 427
8.3 ... Performing the Migration ... 434
8.4 ... Post-Migration Cleanup ... 440
8.5 ... Summary ... 441
9 ... Event-Based Revenue Recognition ... 443
9.1 ... Solution Background ... 443
9.2 ... Sell-from-Stock Scenario ... 447
9.3 ... Sales-Oriented Scenario for Customer Projects ... 448
9.4 ... Revenue Recognition Keys ... 452
9.5 ... Summary ... 452
... Important Business Add-Ins ... 455
... The Authors ... 459
... Index ... 461
