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Jun 22, 2020 at 08:53 AM

How to manage contract signature in a customer project ?

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Dear Community,

We were wandering how to manage the contract signature in a customer project in the S4HCloud - Professional Services solution.
For revenus recognition purposes, we need to monitor when the contract is signed by the client, as this is proof that EBRR (Event-Based Revenue Recognition) can be triggered. Otherwise, no EBRR can be posted until the contract signature by the client.

To make sure the EBRR is not posted when a contract is not signed, we are hesitating to configure the recognition key ''No Rec'' to all customer project at first. And then, when accounting validates the contract signature on the contract, they will MANUALLY change the recognition key to one that has EBRR. This is the only way we can make sure that EBRR is not posted when a contract is not signed.

Did you have any other suggestions on how to manage the contract signature in a customer project ?