: Post the revenue to the General Ledger as each performance obligation is satisfied (e.g., when a product is delivered or over a service period) . 2. Core Configuration & Setup
: Consolidate various sales documents (like Sales Orders) into a single revenue contract .
SAP RAR is built around a standardized five-step approach to accounting for revenue from contracts with customers :
: Distribute the transaction price across the identified obligations based on their Standalone Selling Price (SSP) .
: Break down the contract into distinct promises, such as delivering a device or providing a service subscription .
: Post the revenue to the General Ledger as each performance obligation is satisfied (e.g., when a product is delivered or over a service period) . 2. Core Configuration & Setup
: Consolidate various sales documents (like Sales Orders) into a single revenue contract .
SAP RAR is built around a standardized five-step approach to accounting for revenue from contracts with customers :
: Distribute the transaction price across the identified obligations based on their Standalone Selling Price (SSP) .
: Break down the contract into distinct promises, such as delivering a device or providing a service subscription .
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