Revenue Recognition for Project Sales(Time and Material) in SAP Business ByDesign

SAP Financial Supply Chain Management, ERP

In this blog post I have explained how the Revenue is Recognized for the Revenue type ‘Project Sales(Time and Material)’ when the accrual method is “Recognize at the point of delivery”. Project sales include the sale of project-based services and Material but it does not includes the sale of standardized material and services. Prerequisites Navigate […]

Continue reading

Extending US 1099 & 1042S DRC Reports – New Selection Screen Parameters

US 1099 and 1042S reports in SAP Document and Reporting Compliance – Statutory Reporting framework(formerly known as Advanced Compliance Reporting – ACR) enables customers to complete their annual IRS reportings and remain legally compliant with all the new legal changes round the year. It provides a limited number of selection screen parameters like Company Code, […]

Continue reading