Position Your Business to React and Adapt to Any New Regulations with Ease

Bramasol’s CEO Dave Fellers and Vice President of Marketing and Strategy John Froelich Shed Light on the Flexibility and Effectiveness of the Comply, Optimize, Transform Framework

1120 results

  1. 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…...…

  2. 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)…...…

  3. 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…...…

  4. 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,…...…

  5. 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.•…...…

  6. 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…...…

  7. Your Guide to Generating Predictable Revenue Streams with SAP S/4HANA

    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…

  8. Revenue Recognition Configuration in SD Is a Key to Compliance

    Reading time: 11 mins

    To comply with the latest bookkeeping principles and current regulations, such as US-Generally Accepted Accounting Principles and the Sarbanes-Oxley Act, companies are required to post revenue according to a time period. This means that the revenues must be realized in the posting period in which the service was carried out or goods were actually delivered…....…

  9. SAP S/4HANA: First Steps Toward Real-Time Profitability Analysis

    As many companies start to reflect on the difference between Profitability Analysis (CO-PA) within the universal journal and the more familiar costing-based CO-PA, it’s time to look at some of the new features that SAP added in the SAP S/4HANA 1610 edition. Key Concept With SAP S/4HANA the familiar concept of real-time postings has been…...…

  10. Realize Special Requirements for Revenue Recognition

    Revenue recognition is the main accounting principle affecting an organization’s financial statements. There are various rules and regulations governing this aspect and meeting those is necessary from both a legal point of view and a logical point of view. Learn about special International Financial Reporting Standards (IFRS) requirements for revenue recognition and how they can…...…