Cancelling a service contract with revenue recognition already created

[Former Member]

Hi SAP Gurus!

I have created one service and maintainence contract with four line item and because of advance i have created revenue recognition for my contract.

Now i want to delete that contract and want to reverse all the revenue recognition of that contract.

There was same case with my collegeue in which when he had deleted that contract,system was showing credit to only one line item and the rest three line items were debiting the account.

Cancellation rule which is there in my setting is- Cancel w/ 3 months notice and yr renewal.

Please guide me how should i properly delete that contract and reverse all reveune recognition.

Thanks,

Ujjawal

[Former Member]

Hi,

I'm waiting for your valuable inputs.

I want to add one more thing,

Please go through following pointrs:

1. I have changed billing plan date for 1st line item ,then simultaneously system was adding one more line item in billing pan with -ve value.

2. I have changed the billin plan in rest of the 3 line items then simultaneously system is adding one more line item but WITH POSITIVE VALE.

Can anybody tell me beacuse of why system is creating one line item with -ve value and rest of the line item with positive value?

which functionality or behaviuor of contract with priodic billing plan, is this happening in a system?

Thanks in advance,

Ujjawal