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3104356 - IFRS15 - Realized Revenue Much Higher or Lower Than Expected for Customer Contract Item in Accounting Period

Symptom

  • The Revenue Accounting Contract functionality (IFRS15) is active for your company's set of books.
  • You create a customer contract in foreign currency.
  • The contract contains fix-price contract items for which you assign a straight-line accrual method, such as 303 - Straight-line – even periods.
  • After the customer contract is released and the Revenue accounting contract is created you check the Calculated Revenue amounts per period, displayed in company currency. 
  • After executing the revenue recognition run you notice that the current earned revenue realised in the run's period does not correspond with the calculated revenue per period. 


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Environment

SAP Business ByDesign

Product

SAP Business ByDesign all versions

Keywords

KBA , SRD-FIN-COR , Cost & Revenue , Problem

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