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Class hours may vary, please reach out to contact@ascendientlearning.com if you have any questions.
Revenue Accounting and Reporting - Assisting with IFRS 15/US-GAAP ASC 606
Skills Gained This course will prepare you to: -explain the architecture of the solution. -understand the integration of operational applications and source systems and the inbound interface...
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Skills Gained
- This course will prepare you to:
-explain the architecture of the solution.
-understand the integration of operational applications and source systems and the inbound interface configuration.
-understand the integration to Financials General Ledger and Profitability Analysis
-explain how SAP Revenue Accounting meets the steps of IFRS 15/ASC 606 to identify a contract, to determine the transaction price or to recognize revenue when a performance obligation is satisfied.
-execute the configuration in order to meet requirements from IFRS 15.
Who Can Benefit
- Application Consultant
- Business Analyst
- Business Process Architect
- Program/ Project Manager
Prerequisites
- Essential:
-None - Recommended:
-None
Course Details
Course Content
- Overview of SAP S/4HANA and SAP Revenue Accounting and Reporting
- How to integrate sender components
- How to perform and configure the inbound processing
- How to configure and use Contract Management
- How to perform a price allocation
- How to process contract changes (prospective and retrospective)
- How to perform fulfillment and create invoices
- How to handle the integration with Cost Object Controlling
- How to process revenue postings
- How to execute reconciliation and consistency checks
- How to execute reporting for SAP Revenue Accounting and Reporting 1.3 How to configure and perform the migration and transition to SAP Revenue Accounting and Reporting
Course based on software release
- SAP S/4HANA 2021 SPS0
Schedule
FAQ
Does the course schedule include a Lunchbreak?
Classes typically include a 1-hour lunch break around midday. However, the exact break times and duration can vary depending on the specific class. Your instructor will provide detailed information at the start of the course.
What languages are used to deliver training?
Most courses are conducted in English, unless otherwise specified. Some courses will have the word "FRENCH" marked in red beside the scheduled date(s) indicating the language of instruction.
What does GTR stand for?
GTR stands for Guaranteed to Run; if you see a course with this status, it means this event is confirmed to run. View our GTR page to see our full list of Guaranteed to Run courses.
How do I find an Ascendient Learning training location?
We have training locations across the United States and Canada - View a complete list of classroom training locations.
Which delivery formats are available?
At Ascendient Learning, we offer training that is Instructor-Led, Online, Virtual, and Self-Paced.
Does Ascendient Learning deliver group training?
Yes, we provide training for groups, individuals and private on sites. View our group training page for more information.
What does vendor-authorized training mean?
As a vendor-authorized training partner, we offer a curriculum that our partners have vetted. We use the same course materials and facilitate the same labs as our vendor-delivered training. These courses are considered the gold standard and, as such, are priced accordingly.
Is the training too basic, or will you go deep into technology?
It depends on your requirements, your role in your company, and your depth of knowledge. The good news about many of our learning paths, you can start from the fundamentals to highly specialized training.
How up-to-date are your courses and support materials?
We continuously work with our vendors to evaluate and refresh course material to reflect the latest training courses and best practices.
Are your instructors seasoned trainers who have deep knowledge of the training topic?
Ascendient Learning instructors have an average of 27 years of practical IT experience and have also served as consultants for an average of 15 years. To stay current, instructors spend at least 25 percent of their time learning new, emerging technologies and courses.
Do you provide hands-on training and exercises in an actual lab environment?
Lab access is dependent on the vendor and the type of training you sign up for. However, many of our top vendors will provide lab access to students to test and practice. The course description will specify lab access.
Will you customize the training for our company’s specific needs and goals?
We will work with you to identify training needs and areas of growth. We offer a variety of training methods, such as private group training, on-site of your choice, and virtually. We provide courses and certifications that are aligned with your business goals.
How do I get started with certification?
Getting started on a certification pathway depends on your goals and the vendor you choose to get certified in. Many vendors offer entry-level IT certification to advanced IT certification that can boost your career. To get access to certification vouchers and discounts, please contact info@ascendientlearning.com.
Will I get access to content after I complete a course?
You will get access to the PDF of course books and guides, but access to the recording and slides will depend on the vendor and type of training you receive.
How do I request a W9 for Ascendient Learning?
View our filing status and how to request a W9.
Reviews
the class/lecture was amazing and very easy to understand and was in detail.
Good training material and good instruction. More time needs to be provided for the lab work.
I think the platform is very good and look forward to taking my next course in early October.
The class and material is good. I think some of the software needs to be updated.
Very good company. I've done technical trainings at their facility in downtown Montreal in the past and I'Ve always appreciated them.
