Event-Based Revenue Recognition - Sell from Stock - Event-based Revenue Recognition posts revenues and cost adjustments for sales orders in real-time when goods issue is posted for sale from stock.
#Move to billings pro cloud professional
Event-Based Revenue Recognition - Project-Based Services - US GAAP - Event-based Revenue Recognition calculates and posts real time revenue and cost adjustment for professional services for fixed price, time and material, and periodic service projects, using US GAAP Ledger functionality.Event-Based Revenue Recognition - Project-Based Services - IFRS - Event-based Revenue Recognition calculates and posts real time revenue and cost adjustment for professional service for fixed price, time and material, and periodic service projects using Parallel Ledger functionality.Revenue recognition is either cost-based or time-based depending on project type. Event-Based Revenue Recognition - Project-Based Services - Event-based Revenue Recognition calculates and posts revenues and cost adjustments to projects.Contract-Based Revenue Recognition - US GAAP - This scope item supports revenue recognition according to ASC 606 for contract accounting and invoicing.Contract-Based Revenue Recognition - IFRS - This scope item supports revenue recognition according to IFRS 15 for contract accounting and invoicing.It can perform posting to G/L accounts, supplier accounts, and customer accounts. Cash Journal - The FI Cash Journal is a type of subsidiary ledger for Financial Accounting used for managing a company’s cash transactions.This scope item describes the necessary steps to acquire assets for constructed assets in group ledger US GAAP. It provides ledger-specific transactions. Asset Under Construction - Group Ledger US GAAP - This process is an additional scope item to Asset Accounting (BFH).This scope item describes the necessary steps to acquire assets for constructed assets in group ledger IFRS. Asset Under Construction - Group Ledger IFRS - This process is an additional scope item to Asset Accounting (BFH).This can take place within a single period or over more than one period. Asset Under Construction - This process describes the necessary steps that must be performed to acquire assets for constructed assets, starting with the acquisition of an asset and its monitoring until construction is finished.It provides ledger-specific transactions and reports for US GAAP. Asset Accounting - Group Ledger US GAAP - This process is an additional scope item to Asset Accounting (J62).It provides ledger-specific transactions and reports for IFRS. Asset Accounting - Group Ledger IFRS - This process is an additional scope item to Asset Accounting (J62).Asset Accounting - Asset accounting is a subsidiary ledger of the general ledger and is used to manage and document fixed asset transactions in detail.This supports legal requirement in some countries (such as Brazil). Actual Costing - This scope item enables actual costing for material inventory without cost component split functionality.It also provides the capability to display prediction journal entries along with actuals, and to analyze the expected results at period/quarter end. Accounting for Incoming Sales Orders - This scope item provides a report of all incoming sales orders for a given fiscal period.It provides ledger-specific operation postings and ledger-specific period-end closing steps. Accounting and Financial Close - Group Ledger US GAAP - This process is an additional optional scope item to Accounting and Financial Close (J58).
0 kommentar(er)
