SAP Revenue Accounting and Reporting (RAR): Sample Configuration Guide

SAP Revenue Accounting and Reporting is a comprehensive solution that helps businesses to ensure compliance with the latest IFRS revenue recognition standards, while providing flexibility to support their existing revenue accounting requirements. With its powerful features and compatibility with SAP ERP, RAR is an essential tool for businesses seeking to streamline their revenue accounting and reporting processes.

In this guide, the following configuration steps are covered with screenshots and descriptive texts at each step:

  • Maintain result analysis key [OKG1]
  • Define cost elements for result analysis [FS00]
  • Define result analysis Version [OKG2]
  • Define valuation methods for result analysis [OKG3]
  • Define line IDs [SPRO]
  • Define assignments for result analysis [OKG5]
  • Define updates for result analysis [OKG]
  • Define posting rules for settlement to financial accounting [OKG8]
  • Maintain number ranges to result analysis document [OKG6]
  • Edit project planning profile to inherit planned revenue from sales document [OPSB]
  • Integrate result analysis key with RAR engine [SM30]

Download – SAP Revenue Accounting and Reporting (RAR): Sample Configuration Guide

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