How to use REV_REC_COL_AUF - Event Based Revenue Recogn.: Order

SAP Transaction Code - Details

• Transaction Code: REV_REC_COL_AUF

  Description: Event Based Revenue Recogn.: Order

  Release: S/4HANA only

• • Program: FINS_TRR_COLACT_AUF

    Screen: 1000

    Authorization Object:

  • Development Package: FINS_REV_REC_COLACT

    Package Description: Revenue Recognition ?Collective Activities

    Parent Package: FINS_REV_REC

  • Module/Component: CO-PC-OBJ-EBR

    Description: Event-Based Revenue Recognition

Smart SAP Assistant

• SAP Tcode: REV_REC_COL_AUF - Event Based Revenue Recogn.: Order

  -Related
  
  Overview:
  The SAP transaction code REV_REC_COL_AUF is used to trigger the event-based revenue recognition process for order-related items. This process is used to recognize revenue for goods and services that are delivered over a period of time. 
  
  Functionality: 
  The REV_REC_COL_AUF transaction code allows users to set up the event-based revenue recognition process for order-related items. This process is used to recognize revenue for goods and services that are delivered over a period of time. The transaction code also allows users to define the criteria for recognizing revenue, such as the number of deliveries, the amount of time between deliveries, and the amount of revenue to be recognized. 
  
  Step-by-Step How to Use 
  1. Enter the REV_REC_COL_AUF transaction code in the SAP system. 
  2. Select the order-related item that you want to set up for event-based revenue recognition. 
  3. Enter the criteria for recognizing revenue, such as the number of deliveries, the amount of time between deliveries, and the amount of revenue to be recognized. 
  4. Save your changes and exit the transaction code. 
  
  Other Recommendations: 
  It is important to note that this transaction code should only be used for order-related items that are delivered over a period of time. If you are trying to set up event-based revenue recognition for other types of items, you should use a different transaction code. Additionally, it is important to ensure that all criteria for recognizing revenue are entered correctly in order to ensure accurate results.