Regarding Revenue Recognition

[Former Member]

Dear Friends,

I configured Revenue Recognition to my service client.In general process after saving the billing document we can see The bellow entries for accounting document.

Customer a/c Dt

Sales revenue a/c Cr

All taxes are Cr

But i want to know the accounting entries for the billing document which is created in Revenue Recognition.

Thank you,

Regards,

Ravi

[ivano_raimondi · Accepted solution]

Hello Ravi,

please check the Revenue Recognition Best Practice guide attached to SAP note [1172799|https://bosap-support.wdf.sap.corp/sap/support/notes/1172799].

The first part explains the account posting, depending on the process you run.

Best regards,

Ivano.

[Former Member · Accepted solution]

Thank you Friends.

[Lakshmipathi]

which is created in Revenue Recognition

In order to see any details related to Revenue Recognition, have you executed VF44 ??

G. Lakshmipathi

[Former Member]

Dear Lakshmipathy,

I executed VF44 and in VF45 i can see the accounting document for sale order, here customer account is credited and un billed account is debited.

My doubt is after creating billing document for this sales order, what will be the accounting entries for this billing document.

[Shiva_Ram]

You can read OSS Note 532876 - FAQ: Revenue recognition process -point 9.

Regards,