Revenue Accounting and Reporting with SAP S/4HANA - Milosavljevic, Sreten;Prabha Shankara, Swayam
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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!
In this book, you'll learn…mehr

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Produktbeschreibung
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

Autorenporträt
Sreten Milosavljevi¿ 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.