What is event type in SAP FI-RA - Revenue Accounting?

SAP Term: event type

• Component: FI-RA

• Component Name: Revenue Accounting

• Description: The type of event that represents the fulfillment of a performance obligation.

Smart SAP Assistant

• Key Concepts: 
  Event type is a key concept in SAP FI-RA Revenue Accounting. It is used to define the characteristics of a particular event, such as the type of event, the accounting document type, and the account assignment. Event types are used to control the flow of data from the source document to the accounting document. 
  
  How to use it: 
  Event types are used to control the flow of data from the source document to the accounting document. They are used to define which accounts should be posted and how they should be posted. Event types can also be used to define which documents should be created and how they should be created. 
  
  Tips & Tricks: 
  When creating an event type, it is important to consider all of the possible scenarios that could occur when processing a transaction. This will ensure that all of the necessary accounts are posted correctly and that all of the necessary documents are created correctly. 
  
  Related Information: 
  For more information on event types in SAP FI-RA Revenue Accounting, please refer to SAP Help documentation or contact your local SAP support team.