S4F55 – SAP Revenue Accounting and Reporting

S4F55 SAP Revenue Accounting and Reporting

Contents

Course Overview

Unit 1: Overview and Architecture

  • Lesson: Outlining SAP Revenue Accounting and Reporting and its Architecture

Unit 2: Integration with Sender Components

  • Lesson: Understanding the integration of SAP Revenue Accounting
  • and Reporting with Sales and Distribution (SD)
  • Lesson: Understanding the integration of SAP Revenue Accounting
  • and Reporting with SAP Customer Relationship Management
  • Lesson: Explaining the integration with SAP Hybris Billing
  • Lesson: Understanding the integration with external systems

Unit 3: Inbound Processing

  • Lesson: Configuring Import Structures
  • Lesson: Working with the Revenue Accounting Item Monitor
  • Lesson: Transferring and Processing Revenue Accounting Items
  • Lesson: Explaining Return Orders
  • Lesson: Creating Revenue Accounting Items for Testing
  • Lesson: Transforming Data with BRFplus

Unit 4: Contract Management

  • Lesson: Outlining Performance Obligations including Concept and Navigation
  • Lesson: Outlining Revenue Contracts and their Navigation
  • Lesson: Creating Manual Contract Combination
  • Lesson: Creating Cost Recognition
  • Lesson: Understanding the Right of Return
  • Lesson: Monitoring Revenue Contracts

Unit 5: Price Allocation

  • Lesson: Performing Price Allocation

Unit 6: Contract Change

  • Lesson: Changing Contracts

Unit 7: Fulfillment and Invoices

  • Lesson: Fulfilling Performance Obligations
  • Lesson: Posting of Invoices
  • Lesson: Understanding Simplified Invoice Handling

Unit 8: Integration with Cost Object Controlling

  • Lesson: Integrating with Cost Object Controlling

Unit 9: Revenue Postings

  • Lesson: Understanding the General Posting Logic
  • Lesson: Explaining the Integration with FI-GL
  • Lesson: Understanding Contract Assets and Contract Liabilities
  • Lesson: Processing Revenue Postings
  • Lesson: Handling Foreign Currency
  • Lesson: Performing Period End Closing

Unit 10: Reconciliation and Consistency Checks

  • Lesson: Performing Reconciliation and Consistency Checks

Unit 11: Reporting

  • Lesson: Explaining Reporting functionalities

Unit 12: Migration and Transition

  • Lesson: Preparing for Migration and Transition
  • Lesson: Migrating to SAP Revenue Accounting and Reporting
  • Lesson: Migrating from SAP Hybris Billing
  • Lesson: Transitioning to the new Revenue Recognition Standard

Course Overview

TARGET AUDIENCE

This course is intended for the following audiences:

  • Application Consultant

 

Unit 1 Overview and Architecture

Lesson 1: Outlining SAP Revenue Accounting and Reporting and its Architecture

Lesson Objectives

After completing this lesson, you will be able to:

  • Understand, when and why customers need for SAP Revenue Accounting and Reporting
  • Compare the new approach of revenue recognition with existing solutions
  • List the main features of SAP Revenue Accounting and Reporting
  • Describe the integration of SAP Revenue Accounting and Reporting with Financial Accounting
  • Explain the architectural components of Revenue Accounting and Reporting
  • Understand deployment options of Revenue Accounting and Reporting
  • Understand the differences to Sales and Distribution revenue recognition

 

Unit 2 Integration with Sender Components

Lesson 1: Understanding the integration of SAP Revenue Accounting and Reporting with Sales and Distribution (SD)

Lesson Objectives

After completing this lesson, you will be able to:

  • List the main tasks of the integration component
  • Explain how document chains work
  • Understand supported Sales and Distribution processes
  • Desribe the customizing and enhancement options

Lesson 2: Understanding the integration of SAP Revenue Accounting and Reporting with SAP Customer Relationship Management

Lesson Objectives

After completing this lesson, you will be able to:

  • Understand the basic architecture of CRM processes and modules
  • Explain the set up for creating Revenue Accounting Items from the CRM Service
  • Select the appropriate release, enhancement package, and support package
  • Explain how order item Revenue Accounting Items are created from CRM Service
  • Explain how invoice item Revenue Accounting Items are created from CRM Service
  • Describe in which process step the SD Integration Component is used

Lesson 3: Explaining the integration with SAP Hybris Billing

Lesson Objectives

After completing this lesson, you will be able to:

  • List the components required for Integration with SAP Hybris Billing/ BRIM
  • Understand how consumption-based revenue is generated

Lesson 4: Understanding the integration with external systems

Lesson Objectives

After completing this lesson, you will be able to:

  • Understand the integration of Revenue Accounting with an external system
  • Understand deployment options

 

Unit 3 Inbound Processing

Lesson 1: Configuring Import Structures

Lesson Objectives

After completing this lesson, you will be able to:

  • Understand the basic concepts and parameters that define and control inbound processing
  • Know the field structures provided in standard and how to enhance them with individual source information
  • Specify the technical properties that suit your needs for SAP Revenue Accounting and Reporting items
  • Generate the interfaces for the transfer and storage of SAP Revenue Accounting and Reporting items
  • List the BAdIs available during inbound processing for SAP Revenue Accounting and Reporting
  • Understand how to prevent the deletion of data after the import method for generation of RAI-classes

Lesson 2: Working with the Revenue Accounting Item Monitor

Lesson Objectives

After completing this lesson, you will be able to:

  • Navigate in the Revenue Accounting Item (RAI) monitor
  • Outline the most important fields in Revenue Accounting Items
  • Understand manually executed activities
  • Outline the benefits of the personalization features in the Display of Revenue Accounting Items transaction

Lesson 3: Transferring and Processing Revenue Accounting Items

Lesson Objectives

After completing this lesson, you will be able to:

  • Understand Revenue Accounting Item statuses and data management
  • Transfer Revenue Accounting Items (RAIs)
  • Process Revenue Accounting Items (RAIs)
  • Understand when it makes sense to exempt or restore revenue accounting items
  • Know how to exempt or restore Revenue Accounting Items
  • Perform the deletion of exempted Revenue Accounting Items
  • Use further selections in the Transfer Revenue Accounting Items and Process Revenue Accounting Items transactions

Lesson 4: Explaining Return Orders

Lesson Objectives

After completing this lesson, you will be able to:

  • List the attributes that link a Revenue Accounting Item to a predecessor item
  • Explain how RAIs that refer to a predecessor document are handled in the Adaptor Reuse Layer during RAI processing
  • Explain return orders after a prospective contract change

Lesson 5: Creating Revenue Accounting Items for Testing

Lesson Objectives

After completing this lesson, you will be able to:

  • Understand the benefit of using a test program when creating Revenue Accounting Items
  • Upload sample data and use the test program

Lesson 6: Transforming Data with BRFplus

Lesson Objectives

After completing this lesson, you will be able to:

  • Provide an overview of the Business Rules Framework (BRF+)
  • Understand the BRF+ user interface
  • Understand the sequence and features of BRF+ functions called by Revenue Accounting

 

Unit 4 Contract Management

Lesson 1: Outlining Performance Obligations including Concept and Navigation

Lesson Objectives

After completing this lesson, you will be able to:

  • Understand the structure and attributes of a Performance Obligation (POB)
  • Derive performance obligations from an operational contract item
  • Explain the impact of the creation and cancellation of POBs for billing documents
  • Know how to validate performance obligation fields
  • Provide shift posting indicator in Revenue Schedule UI

Lesson 2: Outlining Revenue Contracts and their Navigation

Lesson Objectives

After completing this lesson, you will be able to:

  • Understand the basic concept of a revenue contract
  • Understand navigation in a revenue contract

Lesson 3: Creating Manual Contract Combination

Lesson Objectives

After completing this lesson, you will be able to:

  • Understand the basic principles of when and why contracts shall be combined
  • List the features of contract combination in Revenue Accounting
  • Describe the logic of manual contract combination and quick combination
  • Explain the posting logic resulting from contract combinations

Lesson 4: Creating Cost Recognition

Lesson Objectives

After completing this lesson, you will be able to:

  • Understand the business process of cost recognition and how cost is posted in Revenue Accounting
  • Set up a POB for cost recognition via Customizing and BRFplus
  • Set up account determination
  • Set up Customizing in CO-PA
  • Understand business process and the benefits of capitalized cost
  • Review cost information in Revenue Accounting
  • Set up condition type for capitalized cost
  • Understand how you can pass cost information on contract level from a commission system to Revenue Accounting
  • Identify performance obligation for contract acquisition cost

Lesson 5: Understanding the Right of Return

Lesson Objectives

After completing this lesson, you will be able to:

  • Understand the basic principles of when and how a right of return can be used

Lesson 6: Monitoring Revenue Contracts

Lesson Objectives

After completing this lesson, you will be able to:

  • Know the various statuses of contracts and performance obligations
  • Understand, when and how revenue accountants can review Revenue Accounting results
  • Know the provided work lists in Revenue Accounting
  • Monitor contracts using work lists
  • Use work lists to handle contracts with errors
  • Understand contract conflicts and when they happen
  • Use work lists to handle conflicts

 

Unit 5 Price Allocation

Lesson 1: Performing Price Allocation

Lesson Objectives

After completing this lesson, you will be able to:

  • Define conditions that do not require allocation
  • Define the SSP range validation
  • Explain the allocation effect
  • Understand the details of price allocation and distribution
  • Understand allocation features like residual allocation or exclusion from allocation
  • Change an allocation manually
  • Implement the application interface for manual allocation

 

Unit 6 Contract Change

Lesson 1: Changing Contracts

Lesson Objectives

After completing this lesson, you will be able to:

  • Understand how contract modification and change of estimates are defined in the IFRS 15 regulations
  • Know how the contract modification and change of estimates work in SAP Revenue Accounting and Reporting 1.3
  • Know how to handle multiple changes

 

Unit 7 Fulfillment and Invoices

Lesson 1: Fulfilling Performance Obligations

Lesson Objectives

After completing this lesson, you will be able to:

  • Understand the fulfillment types available in SAP Revenue Accounting
  • Know how to manually enter the fulfillment for a performance obligation
  • Know how to change fulfillment type of a performance obligation
  • Understand why estimations might be required for the identification of a performance obligation
  • Understand how to deliver order items for service consumption for which the quantity and amount cannot be determined
  • Know how to enrich the revenue accounting items with estimated quantity and average unit price with the appropriate BRFplus rule
  • Know how fulfillments can be received for consumption based revenue recognition
  • Support cumulative manual fulfillment

Lesson 2: Posting of Invoices

Lesson Objectives

After completing this lesson, you will be able to:

  • Understand how invoices are processed in Revenue Accounting
  • Describe the invoice posting in Revenue Accounting
  • Check Invoice information on a Revenue Contract
  • Set up billing plans and assumptions for invoices (invoice generation) if the operational information is delivered from an external sender system into Revenue Accounting
  • Understand meaning of value relevant, quantity relevant and final invoice

Lesson 3: Understanding Simplified Invoice Handling

Lesson Objectives

After completing this lesson, you will be able to:

  • Understand the concept of simplified invoice handling
  • Know about supported processes and restrictions

 

Unit 8 Integration with Cost Object Controlling

Lesson 1: Integrating with Cost Object Controlling

Lesson Objectives

After completing this lesson, you will be able to:

  • Understand the concept for integration with Cost Object Controlling
  • Understand the option for parallel reporting
  • Understand the customizing for Cost Objects and Performance Obligations
  • Understand how to use compound within the integration
  • Understand Migration
  • Understand Transition

 

Unit 9 Revenue Postings

Lesson 1: Understanding the General Posting Logic

Lesson Objectives

After completing this lesson, you will be able to:

  • Explain the basic posting principles on invoice correction
  • Understand the postings for Revenue Accounting
  • Understand Account determination
  • Understand the role of BRF+ in Account determination

Lesson 2: Explaining the Integration with FI-GL

Lesson Objectives

After completing this lesson, you will be able to:

  • Understand the use of the Accounting Principle in Revenue Accounting

Lesson 3: Understanding Contract Assets and Contract Liabilities

Lesson Objectives

After completing this lesson, you will be able to:

  • Understand, what is contract liability and contract asset
  • Explain how the contract liability and contract asset is calculated and posted in Revenue Accounting
  • Explain how unbilled receivable and deferred revenue is calculated and posted in Revenue Accounting
  • Customize the calculation method for an Accounting Principle
  • Post contract liability and contract asset as part of the three steps in the posting run
  • Identify the BAdI if you need to distribute contract asset and liability to performance obligations

Lesson 4: Processing Revenue Postings

Lesson Objectives

After completing this lesson, you will be able to:

  • Understand basic concept of revenue postings
  • Know how to execute revenue postings
  • Know account assignments
  • Understand the integration with CO-PA
  • Understand Tax code related customizing
  • Understand the posting optimization in case of low aggregation level for G/L postings
  • Understand the options for extensibility
  • Understand the BAdI for revenue posting
  • Understand basic concept of reconciliation keys

Lesson 5: Handling Foreign Currency

Lesson Objectives

After completing this lesson, you will be able to:

  • Understand how foreign currency contract is handled in Revenue Accounting
  • Understand how revenue is recognized depending on contract balance of liability and asset in foreign currency transaction
  • Understand how exchange difference is adjusted by Revenue Accounting for monetary asset such as receivable and contract asset
  • Understand how contract balance of liability and asset is calculated and posted for foreign currency contract
  • Know how to distribute invoiced or invoice due amount between performance obligations in multi- element-arrangement scenarios
  • Know how to setup relevant currency in Revenue Accounting

Lesson 6: Performing Period End Closing

Lesson Objectives

After completing this lesson, you will be able to:

  • Explain what a Revenue Accounting period is
  • Know how to close and open an Revenue Accounting period
  • Shift a contract to the next posting period
  • Know what is integrated with the Financial Closing Cockpit
  • Understand Closing in FI-GL
  • Enable suspending posting for event-based performance obligation
  • Allow to set revenue accounting period to in-closing for multiple periods
  • Support aggregating G/L Postings by Debit/Credit Indicator

 

Unit 10 Reconciliation and Consistency Checks

Lesson 1: Performing Reconciliation and Consistency Checks

Lesson Objectives

After completing this lesson, you will be able to:

  • Explain how RAI reconciliation between Revenue Accounting and sender components works
  • Execute RAI reconciliation and check the reconciliation logs

 

Unit 11 Reporting

Lesson 1: Explaining Reporting functionalities

Lesson Objectives

After completing this lesson, you will be able to:

  • Understand the legal requirement for reporting
  • Know the revenue recognition reporting purpose
  • Know the reporting architecture in ERP 6.0 EHP5 as the minimum release for Revenue Accounting
  • Understand the basic data sources functionality
  • Use the Sample Reports

 

Unit 12 Migration and Transition

Lesson 1: Preparing for Migration and Transition

Lesson Objectives

After completing this lesson, you will be able to:

  • Understand Accounting principles
  • Know about Transition methods
  • Understand the difference between open vs. closed contracts
  • Know the options to define accounts
  • Set up a migration plan and prepare customizing

Lesson 2: Migrating to SAP Revenue Accounting and Reporting

Lesson Objectives

After completing this lesson, you will be able to:

  • Understand the general concept of migration
  • Check prerequisites for migration
  • Know about migration timing and migration packages
  • Execute revenue accounting item upload in SAP SD module (operational load)
  • Execute of revenue accounting item processing for migrated items (initial load)
  • Know about success factors for migration
  • Support of archived documents in operational load

Lesson 3: Migrating from SAP Hybris Billing

Lesson Objectives

After completing this lesson, you will be able to:

  • Execute Migration from SAP Hybris Billing
  • Migration to SAP Revenue Accounting and Reporting

Lesson 4: Transitioning to the new Revenue Recognition Standard

Lesson Objectives

After completing this lesson, you will be able to:

  • Generally understand the transition process to a new revenue recognition standard in Revenue Accounting
  • Describe the transition process within SAP Revenue Accounting
  • Understand different use cases of the transition process in SAP
  • Understand the posting effects from the transition process based on different contract examples

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