How to use RESCSEAL - Accrual/Deferral

SAP Transaction Code - Details

• Transaction Code: RESCSEAL

  Description: Accrual/Deferral

  Release: S/4HANA and ECC 6

  Menu Path:

  • Accounting > Flexible Real Estate Management > Accounting > Accrual/Deferral > Accrual/Deferral of Service Charges > Execute Accrual/Deferral of Service Charges
  • Accounting > Flexible Real Estate Management > Service Charge Settlement > Accrual/Deferral of Service Charges > Execute Accrual/Deferral of Service Charges

• • Program: RFRESCSETTLAL

    Screen: 1000

    Authorization Object:

  • Development Package: RE_SC_AL

    Package Description:

    Parent Package:

  • Module/Component:

    Description:

Smart SAP Assistant

• SAP Tcode: RESCSEAL - Accrual/Deferral

   of Revenue
  
  Overview: 
  The SAP transaction code RESCSEAL is used to accrue or defer revenue. This code is used to adjust the revenue recognition process in order to ensure that the company’s financial statements are accurate and up-to-date. 
  
  Functionality: 
  The RESCSEAL transaction code allows users to adjust the timing of revenue recognition in order to match the company’s financial statements. This code can be used to accrue or defer revenue, depending on the company’s needs. It also allows users to adjust the amount of revenue recognized in a given period. 
  
  Step-by-step How to Use: 
  1. Enter the transaction code RESCSEAL into the SAP system. 
  2. Select the type of adjustment you would like to make (accrual or deferral). 
  3. Enter the amount of revenue you would like to accrue or defer. 
  4. Enter any additional information that may be required for the adjustment (e.g., customer name, invoice number, etc.). 
  5. Confirm your entries and save your changes. 
  
  Other Recommendations: 
  It is important to note that any adjustments made using this transaction code should be reviewed by a qualified accountant before being finalized. Additionally, it is recommended that users familiarize themselves with the company’s accounting policies and procedures before using this code in order to ensure accuracy and compliance with applicable regulations.