UX and process improvements in revenue and cost accounting: enhancements to event-based revenue recognition and more
Overview- Process improvements in event-based revenue recognition:
- Additional item categories for enterprise portfolio and project management (EPPM) projects with event-based revenue recognition
- Support for the group ledger
- Period-end closing behavior with parallel accounting and an alternative fiscal year variant
- Meet the requirements of international organizations operating according to multiple accounting principles
- Additional Item Categories for EPPM Projects with Event-Based Revenue Recognition
- With this release, the integration of revenue-carrying Enterprise Portfolio and Project Management (EPPM) projects with sales orders (project-based sales scenario) with Event-Based Revenue Recognition has been enhanced to support new item categories
Updated work-in-progress management for project-based services and additional process support for project-based sales
Overview- Improved work-in-progress (WIP) reporting for project-based services through use of additional subledger-specific line-item types for postings triggered by the revenue recognition key SPTMWP (time and material DIP based for enhanced WIP reporting) for completed customer projects and revenue cap adjustments
- Support for event-based revenue recognition for additional bill of material (BOM) variants for revenue-carrying enterprise portfolio and project management (EPPM) projects with sales orders (project-based sales scenario):
- Processing of single-level BOMs with variant configuration on both main-item and subitem levels
- Processing of single-level BOMs on both main-item and subitem levels
- Improve insights into project-based services
- Enhance efficiency through additional process support for project-based sales scenarios
- Item Categories for EPPM Projects to Support Additional Bill of Material Processing
- With this release, the processing of additional bill of material (BOM) variants, a structure that can be defined in Sales, is supported for revenue-carrying Enterprise Portfolio and Project Management (EPPM) projects with sales orders (project-based sales scenario). This enables you to assign these projects to sales order items to capture costs and revenues for sales order processing
- Bill of Material Processing of EPPM Projects with Event-Based Revenue Recognitio
- SLA Line Item Types Changed for Postings Triggered by Revenue Recognition Key SPTMWP
- With this release, the logic used to select subledger-specific line item types (SLA Line Item Type) for journal entries, which are created for postings triggered by revenue recognition key SPTMWP, has changed
Rentals and supplier items: project demand integration, updates for navigation and rental period
OverviewFollowing enhancements are made in rentals and supplier items process:
- Integration with EPPM project demand for rental and supplier items
- Navigate to the following:
- Maintenance order
- Purchase requisition
- Purchase order
- Goods receipt from SAP Fiori app "Manage Logistics - Supplier Items"
- Support extension of rental period
- Enable project controllers to create demand for rental and supplier items from each project
- Allow users to directly navigate to purchasing and maintenance documents from within the SAP Fiori app
- Enable purchasers to renew rental service agreements with service providers
- Support extension of rental service
With this feature you can extend the rental service period beyond the initial expiration date - Support Rental and Supplier Equipment Demand from EPPM Project
This feature enables you to use supplier and rental items processes in Field Logistics, if you have requested for a service from SAP Enterprise Portfolio and Project Management project demand