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(TZRRA1) SAP Revenue Accounting and Reporting 1.2
Code: TZRRA1 v03
Type: null
Tuition (USD): $3750
Length: 5 Days
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Skills Gained:
1) The architecture of the solution 2) The integration of operational applications and source systems and the inbound interface configuration 3) The integration to Financials General Ledger and Profitability Analysis 4) How SAP Revenue Accounting meets the 5 steps of IFRS 15/ASC 606: 5) 1. Identify the contract with the customer 6) 2. Identify the separate performance obligations in the contract 7) 3. Determine the transaction price 8) 4. Allocate the transaction price to the separate performance obligations 9) 5. Recognize revenue when a performance obligation is satisfied. 10) Configuration options to meet requirements from IFRS 15
Who Should Attend?
Revenue Recognition project leads Revenue Recognition project members
Prerequisites:
  • Recommended
  • Basic knowledge and navigation skills for SAP ERP (Financials and SD)
What You Will Learn:
  • 1) Overview and architecture
  • 2) Inbound processing
  • a) Configuration of import structures
  • b) Revenue Accounting Item Monitor
  • c) Revenue Accounting Items: Transfer and processing
  • d) Transforming data via Business Rules Framework plus (BRFplus)
  • 3) Integration of sender components
  • a) Integration with SAP Sales and Distribution (SD)
  • b) Integration with SAP hybris Billing (aka Billing and Revenue Innovation Management)
  • c) Integration with SAP CRM
  • 4) Contract Management
  • a) Performance obligations: Concept and navigation
  • b) Revenue contracts: Concept and navigation
  • c) Price allocation variants
  • d) Contract combination
  • e) Cost recognition
  • f) Monitoring revenue contracts
  • 5) Fulfillment of performance obligations
  • 6) Contract changes (prospective and retrospective)
  • 7) Integration with Cost Object Controlling
  • 8) Integration to Financials General Ledger
  • a) General posting logic
  • b) Account determination
  • c) Multiple accounting principles
  • d) Calculation of time-based revenue
  • e) Calculation of contract asset/liability
  • f) Revenue posting run
  • g) Closing process
  • 9) Reconciliation, monitoring and reporting
  • 10) Migration and transition
Course Info:
Course based on software release: ERP 6.0 EhP8 with SAP Revenue Accounting and Reporting 1.2 add-on (software components versions REVREC 120 and REVRECSD 100 SP8)

Course notes and announcements:


This is a SAP CERTIFIED Course. All in person classes are taught by a SAP Certified Instructor. Your course will include Full Class Delivery of the comprehensive standard SAP curriculum agendas, Demonstration and Presentation, Student Hands on exercises, Access to SAP Hosted servers/training environment, SAP Certified e-book participant guides and SAP Certified Hard copy participant guides to keep.

This 5 day instructor led course qualifies for 40 CPE Credits. CPE Credits are currently available only for publicly scheduled courses delivered live at SAP locations and our Authorized Education Partner locations.

With virtual live classroom training you get comprehensive training from SAP experts using seamless over-the Web connectivity. The same content delivered in SAP's traditional "brick and mortar" classrooms is presented during virtual live classroom deliveries. As in SAP's traditional classrooms, SAP virtual live classroom stresses hands-on learning providing each registered student with exclusive access to live SAP systems throughout each course. Each Virtual Live class is taught by a SAP Certified Instructor and will include an e-book student guide for you to download and keep. CPE Credits are currently available only for publicly scheduled courses delivered live at SAP locations and our Authorized Education Partner locations. CPE Credits are not available for virtual live classroom sessions.

Not finding any suitable dates? Contact us for additional available dates: training@dunnsolutions.com