Revenue Recognition and reporting _Services

[Former Member]

Hello

We configured RR process for Sell from stock and it is working fine.  . As per the sell from stock scenario, accrual account is created when materials is goods issues.

Any advise if RR works for service items in 1902 / 1905 .

Thank you

Jagan

[Sai_Kasturi · Accepted solution]

Hi Jagan,

When you say RR process for sell from stock, my understanding is that you are referring to scope items 1K2 or 33M (Event-Based Revenue Recognition - Sell from Stock).

For services, you may explore the scope items 1IL / 1P0 / 33O (Event-Based Revenue Recognition - Project-Based Services) or there are scope items for requirements related to service contracts i.e. 3M3 / 3M4 / 3M5 (Event-Based Revenue Recognition - Service Documents).

I don't know your specific requirements around services, hence suggested the scope items available in this area in 1905.

Thanks

Sai

[Former Member · Accepted solution]

Thank you Sai

We are working on 3M3 flow and we are struck with an issue .

After we release Service contract and service order creation we don't see any values in 'Monitor revenue recognition for service documents' . .

Thank you

[Sai_Kasturi · Accepted solution]

Hi Jagan,

I'm sorry, this community will not be able to guide you on specific project issues. If its a technical issue with the product, please report an incident to the service desk with appropriate component.

Thanks

Sai