Practical Guide to SAP FI-RA — Revenue Accounting and Reporting

von Reinhard Müller

E-Book

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Beschreibung

Accounting standards are changing! Get up to speed and dive into the fundamentals of SAP Revenue Accounting. Review the basic legal principles that determine the reporting of revenues and common technical challenges, as well as the legal basis for ASC 606. Walk step-by-step through the revenue recognition process according to ASC 606. Get best practices on how to prepare your system for an implementation and get a list of activities required to implement the Revenue Accounting and Reporting (FI-RA) business add-on in SAP ERP. Identify the three steps required to transition from the old to the new revenue recognition standard. Review the impact of the Business Rule Framework Plus (BRFplus). Get tips and best practices for data consistency and reporting. By using detailed examples, tips, and screenshots, this book covers critical accounting standard topics including:

ASC 606 statutory requirementsIntegration between SAP SD, PS, FI-RA, and FI-GLTroubleshooting data migration challengesBRFplus in revenue accounting

Haupt-Genre

Fachbücher

Sub-Genre

Informatik

Format

E-Book

Seitenzahl

173

Preis

9.99 €

Autorenbeschreibung

Reinhard Müller has accompanied many international template developments and rollouts over the last 20 years as a project manager in the area of SAP Financial Accounting and Controlling. This has enabled him to gain valuable experience in various industries which he can use consistently today in customer projects as a partner at Conessent. In doing so, he uses his sound knowledge of national and international accounting principles and group accounting in designing SAP solutions. After completing his studies in economics at the University of Paderborn, with a focus on financial statements, financial accounting, and taxes, Reinhard Müller was initially employed in the internal audit division of a large company and as a commercial manager of a medium-sized company for a few years, before becoming partner of a globally active management and IT consultancy, and later a co-founder of Conessent Consulting GmbH.