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Transaction Code: REV_REC_COL_SD
Description: Event Based Revenue Recogn.: SD
Release: S/4HANA only
Program: FINS_TRR_COLACT_SD
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
Overview: The SAP transaction code REV_REC_COL_SD stands for Event Based Revenue Recognition Sales and Distribution. This code is used to recognize revenue from sales and distribution activities in the SAP system. It is part of the SAP Revenue Recognition module, which is used to manage the recognition of revenue from sales and distribution activities. Functionality: The REV_REC_COL_SD transaction code enables users to recognize revenue from sales and distribution activities in the SAP system. It allows users to define the criteria for recognizing revenue, such as when a customer pays for a product or service, or when a product or service is delivered. The code also enables users to track the progress of revenue recognition and to monitor the status of revenue recognition activities. Step-by-step How to Use: To use the REV_REC_COL_SD transaction code, users must first log into the SAP system. Once logged in, users can access the Revenue Recognition module by navigating to the “Financials” tab and selecting “Revenue Recognition” from the drop-down menu. From there, users can select “Event Based Revenue Recognition Sales and Distribution” from the list of available transactions. This will open up a window where users can define the criteria for recognizing revenue from sales and distribution activities. Once all criteria have been defined, users can click “Save” to save their changes. Other Recommendations: It is important to note that the REV_REC_COL_SD transaction code should only be used by experienced SAP users who are familiar with the Revenue Recognition module. Additionally, it is recommended that users regularly review their settings in order to ensure that they are accurately recognizing revenue from sales and distribution activities.
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