New
Developments in Revenue Recognition 
Use
Cancellation of Revenue Recognition Postings
It is now possible to cancel revenue recognition postings that you have posted with transaction VF44, using transaction VF46. The selection screen for cancellation is the same as for revenue posting. You can therefore, for example, cancel postings for a document in a specific period.
Revenue recognition for billing documents
You now have the option of carrying out time-related revenue recognition from the billing documents.
Choose in Customizing for the item category the revenue recognition category D (under Sales and Distribution -> Basic Functions ->Account assignment/Costing -> Revenue recognition).
Example:
Quarterly billing is planned in the billing plan. Revenue recognition should take place monthly. 3000,- USD were billed in January.
The 3000,- USD are posted to a clearing account for accrued revenues. Monthly revenue recognition (transaction VF44) posts a revenue of 1000, - USD a month (3000,-USD divided into three periods, as billing does not take place again until April). This enables revenue assignment to only be carried out for things that have already been billed.
Posting costs for revenue recognition
In revenue posting for revenue recognition the costs are posted into the profitability analysis (CO-PA). Posting of costs is only carried out if no other account assignment (for example, account assignment to a sales order or project) is used. The cost price is used for cost posting.
This means that posting of costs for the correct accounting period is possible.