Revenue Recognition - Sales Order

[bharath_jaladi]

Hi,

My client who is into service, wants to know the feasibility of implementation of revenue recognition. Our process is Salesforce creates one year contracts and with respect to contract one sales order is generated/created at SAP end for ordering and Billing. We bill the customer for an entire year and want to recognize the monthly amount.

My question is, as we will have only Sales order how can we recognize the revenue? If I create any monthly billing plan that will in turn generate different invoices which doesnt solve our purpose. When I try to create a billing plan with one line alone I couldn't succeed. Is there any way to acheive the purpose?

[vijaymanikandan]

Hi Bharath,

If you use SAP RAR then you can set up the POB as time based and then the revenue will be recognized every monthly without any Billing plan in the Sales Order .

Br,

Vijay V