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SAP Revenue Accounting and Reporting and IFRS 15 (Hardcover)
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SAP Revenue Accounting and Reporting and IFRS 15 (Hardcover)
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The IFRS 15 standard is here, is your company ready? Learn how SAP
Revenue Accounting and Reporting (RAR) can align your financial
reporting standards with this guide! Walk through the new five-step
framework for revenue recognition, dive into best practices for
implementing SAP RAR, and then configure the solution. From there,
see how to migrate old data, process contracts, and produce
reports. Don't delay: Make sure your business is IFRS-compliant! a.
Foundation and Implementation: Review the new IFRS 15 standards and
understand how SAP RAR helps you integrate them into your business
processes. Then learn best practices for an SAP RAR implementation
project, from planning to go-live. Finally, walk through the
configuration steps for Sales and Distribution and legacy-based
revenue recognition. b. Usage and Migration: Learn how to process
revenue accounting contracts within the Revenue Accounting Engine
(RAE), migrate old revenue data into SAP RAR, and generate key IFRS
15 reports for your industry. c. Business Cases: See how the new
regulations have impacted two sample organizations in the telecom
and high-tech industries. Apply the lessons learned to your own SAP
RAR implementation and revenue practices. Highlights: Revenue
recognition Five-step framework Vendor analysis matrix Project
management and implementation Configuration and migration Revenue
contracts Revenue data Dual reporting Business cases Revenue
Accounting Engine (RAE)
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