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deferred

FICA : Contract Accounting – Business transactions – Deferred Revenue – EventBased
ISU FICA

FICA : Contract Accounting – Business transactions – Deferred Revenue – EventBased

For event-based deferred revenues, neither the time nor amount for revenue recognition is known at the time of invoicing. This means that each event that triggers revenue recognition must be reported to the SAP system, along with the date and amount. You have made the following settings in Customizing for Read more…

By Sachin Patil, 4 years2 years ago
FICA : Contract Accounting – Business transactions – Deferred Revenue – Time Based
ISU FICA

FICA : Contract Accounting – Business transactions – Deferred Revenue – Time Based

Generally revenues are posted when a receivables document is posted. These revenues become effective for revenue purposes in the posting period in which they are actually posted. Many companies require period-based revenue accrual. The revenues must be recognized within the posting period in the future and not in the period Read more…

By Sachin Patil, 4 years2 years ago
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