Symptom
- The Revenue Accounting Contract (IFRS15) functionality is active for your company's set of books.
- You create a Customer Contract in a foreign currency.
- The contract contains fix-price contract items for which you assign a straight-line accrual method, such as 303 - Straight-line – even periods.
- Some items of the contract have been completed: Their end date is reached, their fulfillment and invoicing status is finished.
- You notice that the revenue recognition run revalues the realized revenue in accounting periods after the contract item's end date, according to the valid exchange rate.
Read more...
Environment
SAP Business ByDesign
Product
SAP Business ByDesign all versions
Keywords
completed customer contract, realised revenue, exchange rate differences, RAC, POB, IFRS15 , KBA , ifrs15 , realised revenue , completed customer contract , SRD-FIN-COR , Cost & Revenue , Problem
About this page
This is a preview of a SAP Knowledge Base Article. Click more to access the full version on SAP for Me (Login required).Search for additional results
Visit SAP Support Portal's SAP Notes and KBA Search.