Hi Experts,
Currently I am trying to run the Revenue Recognition in SAP ByD system.when I was trying to setup the rules for Automatic revenue recognition. I happened to see 5 accrual methods for product sales revenue type.
1) Continue to Differ
2) Recognize at the point of Delivery
3) Recognize at the point of Invoice
4) Recognize based on manual amounts
5) Reverse difference and accruals
I tried running it with all the cases with different product categories assigned, but I could understand the significance of 2 & 3 options only i.e for recognize at the point of delivery and invoice.
Can someone explain me how the other three options work i.e continue to differ, Recognize based on manual amounts and Reverse difference and accruals (1,4,5).
Path: Business configuration (Work Center) -> Implementation Projects -> Open activity list -> Fine-tune -> Find Accrual method Determination -> Go
Thanks & Regards
Chaitanya