AP Billing and Revenue Innovation Management

Understand the Concepts of Event Detail Record Management

Understand the meaning of an event detail record and the role it plays in the handling of high-volume billing scenarios by the mass billing or invoicing solution of SAP ERP 6.0. The solution is an extension to the SAP Contract Accounts Receivable and Payable component of SAP ERP. Key Concept An event detail record (EDR)...…
What You Need to Know About Order-Related Inter-Company Billing

Examine how order-related inter-company billing differs from other types of billing. Understand the special steps required to configure and process order-related inter-company billing in SAP ERP. Key Concept Most billing in SAP is delivery related, but you need to use order- related billing for some business processes, such as services. Also, you use inter-company billing,...…
How to Comply with IFRS 15 Regulations Using SAP Revenue Accounting and Reporting 1.2

Learn how to set up SAP Revenue Accounting and Reporting 1.2 in SAP ERP Central Component (ECC) 6.0 to comply with the new accounting standard regulation IFRS 15. The new regulation was jointly released by two leading accounting standard bodies: the International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB). Key Concept...…
Secure Your Revenue Stream: Ensure That SD Billing Document Invoices Are Posted in FI

It is possible to have an SD billing document without a corresponding FI invoice. This type of error can result in significant under-reporting of revenue. Take these steps to ensure all SD invoices are reflected accurately in FI-AR. Key Concept Two R/3 modules, SD and FI, cover the order-to-cash process. Invoicing represents the interface between...…
Integrate Your Extended Warranty Program with FI/CO

Once the SAP Customer Service (CS) component is fully integrated with your FI/CO modules, it can track many business processes such as standard warranty. However, it may not be able to effectively account for all of your business processes. The author, who recently created an extended warranty workaround to adapt a company’s system to provide...…
Improve Your Company’s Revenues with SAP’s Customer Down Payment Process

Learn about the down payment process using the sales and distribution (SD) module, including details about the main customizing settings to be done in the system from a sales and financial point of view. See solutions already implemented in production environments for SD and Financial Accounting (FI) in SAP ERP Central Component (SAP ECC) 6.0....…
Copy Control Gives You Flexibility to Manage Your SD Document Flow

Your system has to manage a multitude of sales, delivery, and billing documents. R/3 offers a powerful piece of configuration that controls how the source documents are copied into target documents in a document flow. Key Concept In R/3, copy control allows you to move critical data from a source document to a target document...…
Use Result Analysis Functionality to Meet IFRS Requirements of Revenue Recognition

Result Analysis functionality in SAP can help you meet the requirements of International Financial Reporting Standards (IFRS) and other accounting principles for recognizing revenues and costs for long-term contracts. Learn how to: • Use some of the key Result Analysis methods in your SAP system to recognize revenues and costs in a make-to-order business scenario.•...…
Streamline Invoice Processes and Improve Customer Relationships by Implementing SAP SD Retroactive Billing

Implementing retroactive billing, available to you in SAP ERP Central Component 6.0, addresses the issue of changing pricing after invoices have already been sent. Learn the configuration steps needed to run retro-billing across modules in your SAP ERP system. Maintain your good customer relationships using this accurate, consistent business process. Key Concept Companies typically have...…
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Your Guide to Generating Predictable Revenue Streams with SAP S/4HANA

Reading time: 6 mins

This article will shed some light on subscription order management (SOM), which has been folded into the SAP S/4HANA digital core. You’ll learn how SOM can empower organizations to evolve their business model into one capable of selling products-as-a-service to generate new and predictable revenue streams. This content is for SAPinsider Monthly Subscription, SAPinsider Annual…