Schedule Introduction

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Training Schedule

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(S4F55) Revenue Accounting and Reporting Assisting with IFRS 15/US-GAAP ASC 606

Code: S4F55 v17
Type:
Tuition (USD): $4090
Length: 5Days

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Location: Date Guaranteed to Run:
Live Virtual, US 02/14/2022
Live Virtual, US 06/13/2022
Live Virtual, US 09/12/2022
Live Virtual, US 11/28/2022

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

Skills Gained:
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 for Optimized and Classic Contract Management. understand the integration to Financials General Ledger and Profitability Analysis explain how Revenue Accounting and Reporting meets the steps of IFRS 15/US-GAAP ASC 606 to identify a contract, to determine the transaction price and allocation amounts and to recognize revenue when a performance obligation is satisfied. execute the configuration in order to meet requirements from IFRS 15/US-GAAP ASC 606. use information in the system as basis for periodic Statutory reporting.
Who Should Attend?
Application Consultant Business Analyst Business Process Architect Program/ Project Manager
Prerequisites:
  • Recommended
  • S4F10 Business Processes in Financial Accounting in SAP S/4HANA
What You Will Learn:
  • Overview of Revenue Accounting and Reporting
  • How to integrate sender components
  • How to perform and configure the inbound processing
  • How to configure and use Optimized and Classic 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 use day-based calculation
  • How to process revenue postings
  • How to execute reconciliation and consistency checks
  • How to execute reporting for Revenue Accounting and Reporting
  • How to configure and perform the migration and transition to Revenue Accounting and Reporting
Course Info:
Course based on software release:
SAP S/4HANA 2020 SPS0

Course notes and announcements:

The course provides an overview of the Revenue Accounting and Reporting capabilities and their setup in SAP S/4HANA. You will learn how SAP S/4HANA covers the Revenue Accounting and Reporting related business requirements and how the business processes are executed in the system. In addition, you will learn about the technical foundation of Revenue Accounting and Reporting and how the business processes are implemented in the system. You will practice the setup and use of the main capabilities in the SAP S/4HANA system.

This is a SAP CERTIFIED Course. Your course will include Full Class Delivery of the comprehensive standard SAP curriculum agendas, SAP Certified Instructor, Demonstration and Presentation, Student Hands on exercises, Access to SAP Hosted servers/training environment, and SAP Certified participant guides.

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. CPE Credits are not available for virtual live classroom sessions.

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