Revenue recognition

[Private_Member_9643]

I have to load revenue recognition data into BW. Currently we are loading invoices using MC13VD0ITM Extractor. Now we want revenue recognition documents (which are in BKPF/BSEG) with the same schema we are using for Invoices on BW side.

Please provide me with some suggestions?

KJ @Kamaljeet

[Former Member · Accepted solution]

Revenue that is recognised will be posted to the GL accounts. you should get that data from the GL Line items.

Ravi.

[Private_Member_9643 · Accepted solution]

I am not sure about functional aspect of Revenue Recognition....but yes the documents are stored in BSEG though GL Line Item dsnt extract these docs.

I have crated Generic Datasource with Function Module, and its working fine for me now.

Thanks,

KJ @Kamaljeet

[Former Member · Accepted solution]

There is Standard BC extractor 0FI_GL_4 or 9 that should solve the problem.

Ravi.

[Private_Member_9643 · Accepted solution]

tried 4 already...didn't worked...will try 9 also...though I am doubtful

[Former Member · Accepted solution]

In any case when you create your billing document it creates a GL entry ( for revenue). You post to various accounts on the billing document. So you should take those postings to GL and balance it out. Billing to GL should match and you should be able to reconcile or you have some system set up issues. 0FI_GL_4 is the GL extractor and that will be the one that should be used financially. Billing does and should post to GL. You probably don't understand the complete way it is posting.

Go to the pricing procedure to get the full account posting process.

[Former Member]

This is not straight forward.

Usually orgaizations keep their own rules and conventions for recording revenues and recognising revenues.

Some examples with my experience:

1. If the client business is building equipments ( like air planes) where the duration to fulfill a order can take 3-4 years and the money is received 100% on order, even then the revenue wont be recognised. A certain eprcentage is recognised every year based on some business parameter.

So, in your case, what drives revenye recognition? If you share that, we can discuss the issue in more detail.

Ravi Thothadri

[Former Member]

You need to implement or use the GL extractor. Use 0FI_GL_4 for delta and line items. Use 0FI_GL_1 for summary level by GL account. Then you will use the appropriate GL accounts where revenues are booked.

pls assign points to say thanks.