What is actual meaning or procedure of Revenue recognistion
in SAP FICO Module?? Why we use VF44 TCode in RR run ??



What is actual meaning or procedure of Revenue recognistion in SAP FICO Module?? Why we use VF44 T..

Answer / chandrabhanpatil

Hello,
RR is run as we want to know the correct picture of our
Profit and loss account for a particular period.In SAP we
run RR on datewise or periodwise as well as on accrual
basis.Because to make a complete shipment it takes 2-3
months. If we not recofnize the revenue our P & L shows
negative balance as we are incurring continue expenses
means daily running charges.To mainatin the uniformity in
Revenue recogniztion we run RR.
- Chandrabhanpatil

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