cancel
Showing results for 
Search instead for 
Did you mean: 

Posting using "Create Supplier Invoice" against a WBS element.

former_member613804
Participant
0 Kudos

Dear friends,

We are posting an entry using "Create Supplier Invoice" application against a WBS element for an amount of Rs.3000/-. System is creating an additional entry also. So, system is generating two entries as attached in the screenshot.

Can someone kindly give us a clue regarding the additional journal entry..!

Thanks & Regards,

Accepted Solutions (1)

Accepted Solutions (1)

NikolaiE
Advisor
Advisor
0 Kudos

Hello SatyaPrasad,

in your example travel expenses (hotel) were posted on the customer project.

The additional journal entry is the Event-based Revenue Recognition (EBRR) posting.

EBRR allows you to measure profitability in real-time, without any manual adjustments or batch runs.

The principle of EBRR is that one source document creates 2 journal entries.

The entry of a source document (e.g. time confirmation or expense posting) produces two separate journal entries:

- A journal entry for the cost recording ; and

- A journal entry for the revenue recognition posting

EBRR works based on the following premise:

Only accounting documents on objects relevant for revenue recognition trigger recognition calculations and postings. For example, time confirmation and expense recording will trigger revenue recognition. Processes that do not create a source document will not result in any event-based revenue recognition postings. For example, changes to plan data or status will not result in event-based revenue recognition postings. (Except for when the project status is set to ‘Completed’, WIP is written-off which results in revenue recognition).

Calculations for EBRR postings are based on the values of the originating source document.

Costs and revenues are recognized as they occur and matching principle for costs and revenues are provided.

When expenses are posted, EBRR is triggered.

Realized revenue and costs are posted on the assigned billing item/work package and displayed in the event-based revenue recognition apps based on semantic tags and the financial statement version.

For an expense posting, the derivation chain is displayed in the attached EBRR documentation on page 10.

More Information:

- Non-Time Related Materials for Project Services (Expenses) (https://blogs.sap.com/2018/12/18/non-time-related-materials-for-project-services/)

- Financial Accounting for Customer Projects in SAP S/4HANA Cloud (https://blogs.sap.com/2018/06/26/financial-accounting-for-customer-projects-in-sap-s4hana-cloud/)

Best regards,

Nikolai

former_member613804
Participant
0 Kudos

Hi nikolai.emling

Thank you so much for the response.

Answers (0)