Revenue Recognition Principle Sap
The system generates revenue recognition lines that contain revenue recognition data at different times in the advertising management system according to the revenue recognition category.
Revenue recognition principle sap. Secara umum pedoman untuk pengakuan pendapatan sangat luas. Sap s revenue recognition functionality enables you to post the billing documents and recognize revenue at different points in time. Pengakuan pendapatan revenue recognition 03 nov 2015. Sap revenue accounting and reporting was developed closely with partners and customers as well as sap s internal accounting department by analyzing the standard and assessing how best to design a new solution to cover the new requirements.
It is an optional download component on sap erp ecc. In the regular process sap recognizes revenue as soon as the billing document is posted to accounting. Periodic time related revenue recognitionmeans that the revenue from a sale is distributed and posted equally across the entire contract validity period. Principles of event based revenue recognition.
Revenue recognition in sap business bydesign is tightly integrated into all relevant operational business processes and the financials application. Process revenue worklist. Standard revenue recognitionmeans that the billing document posts directly to a revenue account this posting is made without involving the accrual engine i e. With the above design principles the sap revenue accounting and recognition rar component has been introduced.
This function is used to recognize revenues and involves posting accounts in accounting. This whitepaper specifically discusses a compliant sap standard solution of revenue recognition in case of advance payments. Real time matching principle to provide profitability reporting that is always current. The revenues must be recognized within the posting period in which the service was performed not in the period in which the billing document was created the revenue recognition functions in the sap system allow you to fulfill these requirements and separate revenue recognition from the billing process sap provides a flexible solution.
The component is the only possible component for revenue recognition in sap s 4hana finance. Revenue recognition postings are generated simultaneously with the source documents and directly stored in accounting this allows us to provide a real time matching principle. The end result is an application that automates the revenue recognition and accounting process and. Many companies require period based revenue accrual.
The component can be downloaded by any customer with sap s 4hana. Prinsip pengakuan pendapatan memberikan perusahaan pengetahuan bahwa mereka harus mengakui pendapatan 1 pada saat pendapatan tersebut telah direalisasikan dan 2 pada saat telah diterima didapatkan.