Revenue Accounting and Reporting – Assisting with IFRS 15/US-GAAP ASC 606 S4F55-v020

  • Overview of SAP S/4HANA and SAP Revenue Accounting and Reporting
  • How to integrate sender components
  • How to perform and configure the inbound processing
  • How to configure and use Contract Management
  • How to perform a price allocation
  • How to process contract changes (prospective and retrospective)
  • How to perform fulfillment and create invoices
  • How to handle the integration with Cost Object Controlling
  • How to process revenue postings
  • How to execute reconciliation and consistency checks
  • How to execute reporting for SAP Revenue Accounting and Reporting 1.3 How to configure and perform the migration and transition to SAP Revenue Accounting and Reporting
  • This course will prepare you to:
    • explain the architecture of the solution.
    • understand the integration of operational applications and source systems and the inbound interface configuration.
    • understand the integration to Financials General Ledger and Profitability Analysis
    • explain how SAP Revenue Accounting meets the steps of IFRS 15/ASC 606 to identify a contract, to determine the transaction price or to recognize revenue when a performance obligation is satisfied.
    • execute the configuration in order to meet requirements from IFRS 15.
  • Application Consultant
  • Business Analyst
  • Business Process Architect
  • Program/ Project Manager

Essential

  • None

Recommended

  • None

Price:

£4,600 GBP

Course Code:

S4F55-v020

Duration:

5 days

Delivery Method:

Classroom

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