What is 'revenue deferral' in SAP SRD-FIN-COR - FIN-Cost and Revenue?

revenue deferral - Overview

• Component: SRD-FIN-COR

• Component Name: FIN-Cost and Revenue

• Description: A process that posts revenue that has not yet been recognized to deferral accounts.

revenue deferral - Details

• 
  Key Concepts: 
  Revenue deferral is a process in SAP's SRD-FIN-COR FIN-Cost and Revenue Accounting component that allows companies to recognize revenue over time, rather than all at once. This is done by creating a deferred revenue account, which is used to track the amount of revenue that has been recognized and the amount that has yet to be recognized. 
  
  How to use it: 
  In order to use revenue deferral in SAP, companies must first create a deferred revenue account. This account will be used to track the amount of revenue that has been recognized and the amount that has yet to be recognized. Once the account is created, companies can then enter transactions into the system that will recognize revenue over time. 
  
  Tips & Tricks: 
  When using revenue deferral in SAP, it is important to ensure that all transactions are entered correctly. This will help ensure that the correct amount of revenue is being recognized over time. Additionally, it is important to regularly review the deferred revenue account to ensure that all transactions are being recorded accurately. 
  
  Related Information: 
  For more information on how to use revenue deferral in SAP, please refer to the SRD-FIN-COR FIN-Cost and Revenue Accounting documentation. Additionally, there are many online resources available that provide detailed instructions on how to use this feature in SAP.