Event-based Revenue Recognition for Service Management (Public Cloud)

This live session provides comprehensive guidance on implementing and utilizing Event-Based Revenue Recognition (EBRR) for Service Management processes in SAP S/4HANA Cloud Public Edition. Participants will gain practical knowledge of how to automate revenue recognition for service orders and service contracts, enabling compliance with accounting standards while achieving real-time financial insights

After participating in this live session, you will be able to:

• Understand the fundamentals of Event-Based Revenue Recognition and its integration with Service Management in SAP S/4HANA Cloud Public Edition
• Configure revenue recognition settings for service orders and service contracts using item-based accounting
• Execute event-based revenue recognition processes for different service scenarios including fixed price, time and material, and periodic service types
• Analyze revenue recognition data using SAP Fiori applications and understand period-end closing procedures