Time is running out—but is your company ready? Get compliant with the new financial reporting standards by implementing SAP Revenue Accounting and Reporting (RAR)! With this guide, walk through the five steps of revenue recognition, dive into best practices for implementing SAP RAR, and configure the solution. From there, see how to migrate old data, process contracts, and produce reports. Don't delay: Make sure your business is IFRS-ready!Highlights include:· Revenue recognition· Five-step framework· Vendor analysis matrix· Project management and implementation· Configuration and migration· Revenue contracts· Revenue data· Dual reporting· Business cases· Revenue Accounting Engine (RAE)
Highlights:
Revenue recognition
Five-step framework
Vendor analysis matrix
Project management and implementation
Configuration and migration
Revenue contracts
Revenue data
Dual reporting
Business cases
Revenue Accounting Engine (RAE)
Learn how and when you should transition to IFRS 15
Implement SAP Revenue Accounting and Reporting within SAP and third-party applications
Avoid expensive errors and apply IFRS 15 best practices
Dayakar Domala
Dayakar Domala is a senior manager for IT and enterprise applications at Service Now, where he has been involved with ramp-up programs for implementing the SAP RAR application with new technologies like SAP S/4HANA. He presented on SAP RAR at the SAPPHIRE/ASUG Annual Conference and the Finance Excellence Forum in 2015.
International Financial Reporting Standard 15 (IFRS 15) SAP ERP Financials SAP Revenue Accounting and Reporting (SAP RAR) 1.0 1.2 1436 rev rec ASUG Financial Communities SIG