The IFRS 15 deadline is approaching!

Cover of SAP Revenue Accounting and Reporting and IFRS 15 Cover of SAP Revenue Accounting and Reporting and IFRS 15

SAP Revenue Accounting and Reporting and IFRS 15







376 pages, , Print edition hardcover
ISBN 978-1-4932-1436-5
376 pages,
E-book formats: EPUB, MOBI, PDF, online
ISBN 978-1-4932-1437-2
376 pages, , Print edition hardcover
E-book formats: EPUB, MOBI, PDF, online
ISBN 978-1-4932-1438-9
Time is running out—but is your company ready? Get compliant with the new financial reporting standards by implementing SAP Revenue Accounting and Reporting (RAR)! With this guide, walk through the five steps of revenue recognition, dive into best practices for implementing SAP RAR, and configure the solution. From there, see how to migrate old data, process contracts, and produce reports. Don't delay: Make sure your business is IFRS-ready!
  • Learn how to transition to IFRS 15—before the deadline
  • Implement SAP Revenue Accounting and Reporting within SAP and third-party applications
  • Avoid expensive errors and apply IFRS 15 best practices
About the Book About the E-book 376 pages, hardcover, 1 in. Foreword from SAP. Reference book format 6.9 x 9 in. Printed black and white on 60# offset paper from sustainable sources. Smyth-sewn casebound for durability. Reader-friendly serif font (Linotype Syntax 9.5 Pt.). One-column layout. E-book in full color. PDF (47 MB), EPUB (23 MB), and MOBI (47 MB) file for download, DRM-free with personalized digital watermark. Copy and paste, bookmarks, and print-out permitted. Table of contents, in-text references, and index fully linked. Including online book edition in dedicated reader application.

In this book, you'll learn about:

  1. Foundation and Implementation

    Review the new IFRS 15 standards and understand how SAP RAR helps you integrate them into your business processes. Then learn best practices for an SAP RAR implementation project, from planning to go-live. Finally, walk through the configuration steps for Sales and Distribution and legacy-based revenue recognition.

  2. Usage and Migration

    Learn how to process revenue accounting contracts within the Revenue Accounting Engine (RAE), migrate old revenue data into SAP RAR, and generate key IFRS 15 reports for your industry.

  3. Business Cases

    See how the new regulations have impacted two sample organizations in the telecom and high-tech industries. Apply the lessons learned to your own SAP RAR implementation and revenue practices.

Highlights Include:

  • Revenue recognition
  • Five-step framework
  • Vendor analysis matrix
  • Project management and implementation
  • Configuration and migration
  • Revenue contracts
  • Revenue data
  • Dual reporting
  • Business cases
  • Revenue Accounting Engine (RAE)

Dayakar Domala is a specialist director in management consulting at KPMG. He has been involved with ramp-up programs for implementing the SAP RAR application with new technologies like SAP S/4HANA.

Koti Tummuru is a platinum FICO consultant at SAP. He has worked as a ramp-up coach for multiple clients implementing SAP RAR to meet the new IFRS requirements, and was involved with the first SAP RAR go-live for version 1.0.

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