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Month: June 2017

Event-Based Revenue Recognition in S/4HANA 1610

Event-Based Revenue Recognition in S/4HANA 1610

In this blog I will explain the new Event-Based Revenue recognition functionality in S/4HANA 1610. The Purpose of event based revenue recognition in a nutshell: Real-Time Reporting No Reconciliation Full Transparency With Event-Based Revenue Recognition, postings to relevant account assignment objects will lead to revenue recognition calculations. The basis for the revenue recognition calculations are all document line items that are assigned to the account assignment object. Processes that do not write a prima nota do not result in any…

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