Event-Based Revenue Recognition

[Expert]

To confirm, is the IFRS15 calculation done in real-time or only at month end?

If it is real-time, can you provide documentation on the topic please?

[AbhinavKrSahai]

It is primarily EVENT BASED REVENUE RECOGNITION so when a user does a CAT2 followed by CAT7 in case of WBS then you get the RR Document of Accounting under 0L

[Expert · Accepted solution]

Thanks for your question. As per our experts, where events like a time-confirmation or invoices are available revenue is recognized based on the data available in the transaction real-time. E.g. cost from time-confirmation vs. planned cost as in a cost-based POC. However, you will also always run the periodic rev rec run at period end, as there a holistic view at the project is performed to e.g. net accrued and deferred revenue. All of this is well documented here: https://help.sap.com/docs/SAP_S4HANA_CLOUD/89d896ca9cd64318b1667df5ec00e4b2/23cee4ab4c5443c6b68e274e.... Please feel free to comment if you need more clarification.