Comprehensive and Detailed Explanation From SAP S/4HANA Cloud Public Edition, Management Accounting documents:
Event-based revenue recognition (EBRR) triggers real-time financial updates based on operational events21.
Adjusted Revenue at Goods Issue: Upon posting a goods issue, EBRR triggers a real-time posting of "adjusted revenue," reflecting the transition from planned to recognized sales revenue immediately22.
Offsetting Entry at Billing: During the billing process, the system posts an offsetting entry to clear the adjusted revenue that was recognized earlier, completing the revenue cycle23.
In this scenario, COGS are typically recognized at the time of goods issue rather than at billing24.
Contribute your Thoughts:
Chosen Answer:
This is a voting comment (?). You can switch to a simple comment. It is better to Upvote an existing comment if you don't have anything to add.
Submit