SD process flow in Professional Services Industry(PSI)

[Former Member]

The SD process to follow in PSI:

1) Creation of Contract (VA41)

2) Creation of WBS element (ZWBS)

3) Release of WBS element (CJ02)

4) Resource related billing request creation (DP91)

5) Creation of billing request (VA01)

6) Running Revenue Recognition (VF44) and

7) Creation of Invoice (VF01).

[Former Member]

Hi All,

As I am a new learner so I request you all who read this post to correct myself if i am wrong in concept.