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.
Who Should Attend?
Business Process Architect
Program/ Project Manager
What You Will Learn:
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
Course based on software release: SAP S/4HANA 2021 SPS0
Course notes and announcements:
The course provides an overview of the SAP Revenue Accounting and Reporting capabilities and their setup in the system.
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 SAP 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.
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.
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