on 06-29-2017 1:54 PM
Hi experts
Is anyone able to explain how SAP calculate periodic REB? What does it mean? What is the difference between RANI vs REB, how is possible reconcilie those columns?
BR
Hi Luna,
Planned Revenue (Contract Value) $ 120
Planned Cost(Job Cost)$ 100
Actual Cost $50
IF a. Actual Revenue $65Over Billing (REB)
IF b. Actual Revenue$55Under Billing
Revenue Affecting Net Income(RANI) = 120 (50/100) = 60
Also called as calculated revenue
a. Over Billing 60 < 65Updates Reserves (Liability)
b. Under Billing 60 > 55Updates Assets (Capitalized) Asset
Billings in excess of earnings (a)- 5 ( liability )
Earnings in excess of billings (b)+ 5 ( Asset )
Thanks,Rau
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Hello Luna, have you searched for this? When I search, this blog appears: https://blogs.sap.com/2015/02/22/sap-results-analysis-for-beginners/ - please review.
If not, please share version and SAP of ECC you are using.
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