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Use

The method for service-related revenue recognition requires basic values, which can be calculated during the revenue recognition process. The following basic dates and values are concerned:

Calculation of Reset Total Value

This refers to the determination of total value of a sales document item in the system. The determined total value is used in financial accounting.

The reset total value for service-related items is determined using the net value of the sales document item. If, for example, you want to create a contract for a service-related item, which has a net value of 5000, the reset total value amounts to 5000.

 

Calculating the Revenue Value

This refers to the determination of the amount, which should be posted for a service-related item in each results analysis period. The revenue value posted by revenue recognition for service-related items is determined using the amount from the individual events. If, for example, you create a contract, which has a net value of 5000 and implement a release order of 300, the revenue value amounts to 300.

 

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