How to use REV_REC_COL_PRO - Event Based Revenue Recogn.: Proj.

SAP Transaction Code - Details

• Transaction Code: REV_REC_COL_PRO

  Description: Event Based Revenue Recogn.: Proj.

  Release: S/4HANA only

• • Program: FINS_TRR_COLACT_PRO

    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_PRO - Event Based Revenue Recogn.: Proj.

   Coll.
  
  Overview:
  The SAP transaction code REV_REC_COL_PRO is used to manage event-based revenue recognition for project collections. This code allows users to recognize revenue from projects in a timely and accurate manner. 
  
  Functionality: 
  This transaction code enables users to recognize revenue from projects in a timely and accurate manner. It allows users to define the criteria for recognizing revenue, such as the completion of milestones or the delivery of goods or services. The code also allows users to set up rules for recognizing revenue, such as when to recognize revenue and how much to recognize. 
  
  Step-by-step How to Use: 
  1. Log into your SAP system and enter the transaction code REV_REC_COL_PRO. 
  2. Select the project you want to recognize revenue from. 
  3. Enter the criteria for recognizing revenue, such as the completion of milestones or the delivery of goods or services. 
  4. Set up rules for recognizing revenue, such as when to recognize revenue and how much to recognize. 
  5. Save your changes and exit the transaction code. 
  
  Other Recommendations: 
  It is important to ensure that all criteria and rules are properly set up before recognizing revenue from projects. Additionally, it is recommended that users review their settings regularly to ensure accuracy and compliance with accounting standards.