Implementation of SP08 typically follows a structured process to ensure the system accurately calculates and reports revenue according to performance obligations.
: Map items from the source system to POBs in RAR.
: The system automatically allocates the price based on Standalone Selling Prices (SSP). [KS] KS4 SP08.rar
: You must activate the business function FIN_RA_REV_RECOGNITION using transaction SFW5 to enable RAR features in your SAP landscape.
: Ensure your Business Rule Framework plus (BRFplus) rules are updated to handle the logic for determining POBs and SSPs. This specific release focuses on helping businesses comply
Based on the file naming convention, refers to the SAP Revenue Accounting and Reporting (RAR) 1.3 Service Pack 08 (SP08) update. This specific release focuses on helping businesses comply with IFRS 15 and ASC 606 standards for revenue recognition. Quick Implementation Guide for SAP RAR 1.3 SP08
: Define contract types and link them to sender components like SD (Sales and Distribution) or Hybris. [KS] KS4 SP08.rar
: Use transaction SLICENSE to confirm your SAP RAR license is active and functional after installing the SP08 update.