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What is Revenue Recognition? It's relevance with SAP SD
module along with it's detailed configuration procedure &
steps?
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Answer Posted / subha
Hi kISHORE
VF44 stands for revenue report . That is IN OTHER TERMS IT
TELL YOU THE DATE FROM WHICH REVENUE accoutn is generated
to the date till which it is generated.
Yes from the FI point of view when oyu do the actual
costing of the material or for custoemr once you have
posted the biloling into the final accoiunts . You need to
define as to wether the givne trasaction or the cstomer has
prived to be profiutble during that particaulr period or
noe i.e financila year or not and for that you need to
rasie the report of revenu . ( erl; ers; BC3M; etc ) and it
alos tell us if any discounts or specila rebates were given
to that custoemr in that particular period and agist what
amount of business generated in that year
sECONDLY YOU HAVE REVENUS ACCOUNT AT CASH revenue account
too where you need to caluculates the cash trasacation done
. the path is same excpet for that in revenu account you
take ; application ; accout key; condtion type; accout
assignment of customer ; account assignment of materila ;
chart of account; sales orgianisation and gl accouNT bUT
DONT CALUCULATE DIVISION WISE OR DISTRIBUTION CHANNLE
sO IN CASH ACCOUNT YOU CALUCULATE ALL THE Parameters and
alos take into account the sales area insted of sales
organisation
I.e item levle calucaultaion is done
YOU also have reconsilation account into picture when you
take into accunt the export sale
However the condtion type in each varies ie. fpr cash
account it is kondfi
Thus as rajiv told it is a vast subject and lot of
confusions are there
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