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Component: FI-RA
Component Name: Revenue Accounting
Description: The part of the transaction price of a contract that is allocated to a performance obligation.
Key Concepts: Allocated transaction price is a term used in SAP Revenue Accounting (FI-RA) to refer to the amount of money that is allocated to a particular transaction. This amount is determined by the system based on the total amount of money that was received for the transaction. How to use it: In SAP Revenue Accounting, allocated transaction price is used to determine how much money should be allocated to each transaction. This amount is calculated based on the total amount of money that was received for the transaction. The allocated transaction price can then be used to determine how much money should be allocated to each line item in the transaction. Tips & Tricks: When setting up a new transaction in SAP Revenue Accounting, it is important to ensure that the allocated transaction price is set correctly. This will ensure that the correct amount of money is allocated to each line item in the transaction. Related Information: The allocated transaction price is related to other terms such as revenue recognition, revenue recognition rules, and revenue recognition methods. It is important to understand these terms in order to properly set up and manage transactions in SAP Revenue Accounting.