Revenue Accounting and Reporting with SAP S/4HANA
Revenue Accounting and Reporting with SAP S/4HANA
By: Sreten Milosavljević | Publisher: SAP Press (Rheinwerk Publishing) | Year: 2023
ISBN: 9781493224340
MRP: Rs. 9,845.00
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Description
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- 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
In this book, you’ll learn about:
- 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.
- 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.
- 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:
- Classic revenue recognition
- Optimized contract management
- Revenue accounting item (RAI) classes
- Inbound processing
- Contract management
- Performance obligations
- Revenue posting
- Revenue reporting
- Administration
- Troubleshooting
- Migration
About The Author
Sreten Milosavljević
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 Shankara
Swayam 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.