3345557 - Revenue Cap is not considered during Revenue Recognition

You have set Revenue Cap on the project. However, you find it's not considered even the revenue exceeded the cap amount.

SAP S/4HANA Cloud Public Edition

The amount cap is considered in the revenue recognition period-end closing and the recognized revenue cannot exceed the amount cap.
However, if the billed revenue is greater than the amount cap, the recognized revenue follows the billed revenue.
The billable revenue is not affected by the cap because customers can still be billed for the performed tasks independent of the cap.

It it standard design.

EBRR, revenue recognition, revenue cap, revalue, exceed, over, not considered. , KBA , CO-PC-OBJ-EBR-2CL , Event-Based Revenue Recognition (Public Cloud) , Problem

SAP S/4HANA Cloud Public Edition all versions ; SAP S/4HANA Cloud all versions