Event-Based Revenue Recognition - Sell from Stock (1K2)

Event-based Revenue Recognition calculates and posts real-time revenue and cost adjustment for sales orders. Revenue is calculated based on quantity, and cost and revenue (posted as accrued revenue) are matched at the time of posting the goods issue for sale from stock.

Processes that do not write a source document do not result in real-time revenue recognition postings. For example, changes of plan data do not directly result in revenue recognition postings. Period-end closing postings (periodic revenue recognition) correct the event-based postings. After period-end closing, the posted values are fully correct and separate settlement is no longer required.

Key Process Steps Covered

Monitor event-based revenue recognition for sales order
Manage real-time revenue recognition issues
Run revenue recognition for sales orders in period-end closing
Manage revenue recognition Issues for sales orders
Report sales order actuals

Benefits

Change the underlying method of revenue recognition significantly
Adjust for imminent loss, anticipated sales deductions, and unrealized costs
Run a simulation to view important sales order KPIs via semantic tags
Get correct posted values after period-end closing with no separate settlement required

Additional Information

This scope item is excluded from the default activation

The scope item is marked as non-standard scope because the sell from stock scenario has a large amount of data and is not required by all businesses. Customers should make choices based on business needs and a comprehensive understanding of the solution provided in the scope item.

Where is Event-Based Revenue Recognition - Sell from Stock(1K2) being used?

This Scope item is used in the following way:

As a support function of Accounting and Financial Close within Finance Scope Item Group

Process flow of Event-Based Revenue Recognition - Sell from Stock (1K2)

Find below the process flow of the scope item Event-Based Revenue Recognition - Sell from Stock as it is defined for release s4hc-2111.

Download Process Flow of Best Practice scenario Event-Based Revenue Recognition - Sell from Stock (1K2) - S/4HANA Cloud

Ref: Finance of SAP S4HC-2111

Best Practices related to S/4HANA

Best Practices of SAP S/4HANA On Premise *1
Best Practices of SAP S/4HANA Cloud *2
Best Practices of SAP Analytics Cloud *2
Best Practices of Robotics Process Automation(RPA) with SAP Leonardo *2

*1) Yearly Updates are released per September of each year
*2) The Quarterly updates are released per Februari, May, August and November
Details of future releases can be found in the SAP Roadmap section of each product. Go to SAP Roadmap Product Finder.

Knowledge Center Scheer Nederland | The Process Experts Visit also the SAP Cloud ERP knowledge center of Scheer Netherlands. The following topics are covered:

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