Configure POBs for a contract.
Go to SPRO and create recognition types for different revenue streams. CH2.rar
Configure time-based revenue recognition as needed. Key Data Objects Company Code Fiscal Year Variant (e.g., K4) Posting Periods Configure POBs for a contract
Configuring revenue recognition rules linked to specific performance obligations (e.g., Delivery, Installation). Time-Based Recognition: Setting up recognition over time. Configuration Steps (SPRO) CH2.rar
Master data setup for distinct revenue streams.
To define how revenue is recognized for different revenue streams (e.g., Product Sales vs. Service Revenue) based on performance obligations (POBs). Key Components: