Symptom
- The Revenue Accounting Contract functionality (IFRS15& ASC 606) is active for your company's set of books.
- Fix-price sales order item ABC-AA is created in foreign currency FC. A POC based accrual method, such as 102-Recognize using Cost-to-Cost POC or 108-Recognize using cost-to-cost project POC, is assigned to the item (ABC-AA represents the sales order item ID).
- Costs are incurred for the item and a POC is calculated.
- The revenue recognition run calculates a total, realized revenue amount, based on the calculated POC, which seems not to correctly calculate the value according to the exchange rate, valid on the posting date of the revenue recognition run.
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Environment
SAP Business ByDesign
Keywords
Revenue Recognition, Sales Order, Currency, Exchange Rate, POC, Allocated Amount, Net Value, Total recognized revenue , KBA , SRD-FIN-COR , Cost & Revenue , Problem
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