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
