on 02-11-2008 10:27 AM
Hi all,
We are selling equipments ( with Sr.Nos.) which are liable for warranty claims.
In actual terms even though we conduct the sale today, it may take 40-50 days for completion of installation. Both payment from customer and warranty is based on this date only. Secondly we too want the realisation of sales to be based on the installation date only.
Please let me know the standard options in SAP and any other customised ways of carrying this out better.
Regards,
Jn.
IN sap the standard the of revenue recognition is based on Invoicing. This means that the revenue is recognised immediately when invoice is raised. Now this is not the case here.
The other type of revenue recognition is based on time related Revenue recognition. This is used for
One-off billing document items
Periodic billing plans
Milestone billing plans
You agree a contract with the customer and invoice the customer for the product with
the help of a periodic billing plan. The contract covers 12 periods and an amount of
12000. This means over 12 periods there is 1000 per contract period.
In your case you can set it to read at the end of the contract period if the contract has several periods in it .
Technically it will ask for start of period and end of period and you can align your recognition of revenue to read for each period or end of period.
Hope this helps.
regds
Jude
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hi terrence,
Maintain the serial number profile while defining the material master so that u can maintain serial numbers while doing out bound delivery.
Regarding Payment terms while defining choose default for baseline date as Posting date i mean wen ur billing document date goes posted
So the warranty and sales realisation will starts from the date of installation only
hope ur question is answered
thanks and regards,
Rahul
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