- What is SAP RAR & Why do we need it?
- 5 Step Model for Revenue Recognition (IFRS 15)
- Important Terminologies in SAP RAR
- SAP RAR Architecture
- Basic Configurations Overview
- Demo on Proof of Delivery (POB) based Revenue Recognition Scenario
- Demo on Event based & Time based Revenue Recognition in single contract
What you'll learn
- What is SAP RAR & why it is needed?
- Architecture of SAP RAR
- System Demo on POD & multiple POBs scenarios
- Important Terminologies in SAP RAR
Description
Join our short course on SAP Revenue Accounting and Reporting (RAR) to gain a fundamental understanding of this essential module within the SAP S/4HANA suite. Designed for professionals seeking to enhance their knowledge of revenue recognition processes and compliance with accounting standards, this course provides a comprehensive overview of SAP RAR functionalities, features, and implementation best practices.Overview of Revenue Recognition Standards: Understand the principles and requirements of revenue recognition standards such as IFRS 15 and ASC 606.
Introduction to SAP RAR: Explore the purpose, scope, and benefits of SAP RAR in managing revenue accounting and reporting processes.
Core Components of SAP RAR: Learn about the key components and functionalities of SAP RAR, including contract analysis, allocation of transaction prices, and revenue recognition methods.
Implementation Considerations: Gain insights into the implementation process of SAP RAR, including system configuration, data migration, and integration with other SAP modules.
Best Practices and Case Studies: Learn from industry best practices and real-world case studies to understand how organizations have successfully implemented and leveraged SAP RAR.
Benefits of Taking This Course:
Gain a solid foundation in SAP RAR functionalities and principles of revenue accounting.
Enhance your skills and expertise in revenue recognition processes and compliance.
Learn from industry experts and real-world examples to apply best practices in your organization.
Boost your career prospects with valuable knowledge of SAP RAR, a sought-after skill in finance and accounting roles.
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About the instructors
- 4.5 Calificación
- 911 Estudiantes
- 1 Cursos
Vikram Fotani
SAP S/4 HANA Corporate Trainer/ Freelancer
Vikram Fotani is Professional Certified SAP S/4 HANA Consultant with 15+ years of experience. Currently working as Freelance S/4 HANA Consultant/ Corporate Trainer and conducted various Corporate/ Individual training on various SAP S/4 HANA modules in big IT companies. Apart from SAP Finance, Vikram also provides training on SAP S/4 HANA Logistics, SAP RAR etc.
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good info