S/4 Public Cloud CBC:Event-Based Revenue Recognition Usage 302 for Loss Provision

[Craigie_I001299]

Hi,

I am trying to set up EPPM projects revenue recognition to account for 'Onerours contracts' as per IAS 37. Once a project is planned to be in loss, i.e. planned costs > planned revenue, losses should be recognised upfront.

To try to meet this requirement,  in CBC Activity Maintain Settings for Event-Based Revenue Recognition, ID 102530, I am trying to update the assignment rule EPMCCC, sequence 5 to from 301 to use  usage  302 :Asset clearing account for netting with loss provision.

However, in CBC there does not appear to be a way to change the usage for a sequence. I can only change the accounts.  Sequence 5 seems to have the correct accounts used, 21722000, manual reserves for imminent loss and 54442000, Man Adj of Reserves for Imminent Loss. I want to change the usage from 301 to 302.  

Why is  sequence 5 set up with 301 instead of 302? Is there a way to change it?

[Craigie_I001299]

received response from SAP. Put it in the solution 

[Janina_Igers]

Hi, 

just a quick update regarding your question: With the SAP S/4HANA Cloud 2408 release, an automatic imminent loss handling process is available for EPPM projects. To learn more, see Loss Handling with Event-Based Revenue Recognition.

I hope that helps! 

Kind regards, 

Janina