This document aims to show how to process sales orders while complying with IFRS15 regulations. It also discusses the configurations required in the system to achieve this using integrations between SAP SD (operational system) and SAP RAR (Revenue Accounting and Reporting system). Additionally, it provides some examples of sales processing scenarios with IFRS15 compliant revenue postings.
For the purpose of demonstration, following sales scenarios are included:
- Sale of service items with time related revenue recognition compliant to IFRS15
- Sale of stock items with event related revenue recognition compliant to IFRS15
Content of the document is as follows:
- IFRS15 Revenue Reporting Requirements
- System Architecture and SAP RAR (Revenur Accounting and Reporting) Deployment Options
- Configuration Nodes
- GUI Settings
- Integration of Operational System (SAP SD) with SAP RAR
- SAP Revenue Accounting and Reporting (SAP RAR) settings
- BRF+ Settings
- Performance Obligation Determination
- Scenario Illustration
- Non-Bundled Sales
- Bundedsales
- Bunded Sales With Billing Plans
Download – SAP S/4HANA Sales Revenue Reporting Compliant to IFRS15