What is 'revenue in excess of billings' in SAP CO-PC - Product Cost Controlling?

revenue in excess of billings - Overview

• Component: CO-PC

• Component Name: Product Cost Controlling

• Description: The revenue expected to be received in the future for costs that have already been incurred. Results analysis calculates revenue in excess of billings for profit orders. The size of the inventory is calculated by subtracting the actual revenue from the calculated revenue. The revenue in excess of billings is divided into: Capitalized costs Capitalized profit

revenue in excess of billings - Details

• 
  Key Concepts: 
  Revenue in excess of billings (REB) is a term used in SAP's CO-PC Product Cost Controlling component. It is the difference between the total revenue generated from sales and the total amount billed to customers. This difference can be positive or negative, depending on the amount of revenue generated and the amount billed. 
  
  How to use it: 
  In SAP's CO-PC Product Cost Controlling component, REB is used to track the difference between total revenue and total billings. This information can be used to analyze customer payment patterns, identify potential billing discrepancies, and ensure that all revenue is properly accounted for. 
  
  Tips & Tricks: 
  When tracking REB in SAP's CO-PC Product Cost Controlling component, it is important to ensure that all revenue is properly accounted for. This can be done by regularly reconciling customer payments with invoices and ensuring that all payments are properly recorded in the system. 
  
  Related Information: 
  For more information on SAP's CO-PC Product Cost Controlling component, please refer to the official SAP documentation. Additionally, there are many online resources available that provide detailed tutorials and best practices for using this component.