Revenue Recognition and Purchase Realization Monitors

The Revenue Recognition monitor is an SAP GUI ALV-based report that displays data and other related documents from the event registry. The monitor only displays data and does not allow users to change records (manual changes to settlement event indicators are not allowed). A selection screen allows you to enter the selection criteria to retrieve the records from the event registry. You can view all the application documents in one place, and can easily check the status of each document so that you know what steps are pending before revenue recognition takes place. You can also view the log after an application document has been processed, and can check the document flow. With this report, you can navigate from the ALV to display transactions like the trading contract, sales order, delivery document, application document, and settlement document.

Prerequisites

You have defined the fields that need to be maintained in the trading document in the Customizing activity Maintain Settlement Events for Revenue Recognition.

Features

The Purchase Realization Monitor and the Sales Recognition Monitor enable the following:

Recording, tracking, and reporting of settlement events
Status processing, as follows:
- Ready
  Document is ready for revenue recognition.
- Complete
  Document was executed without any error.
- Failed
  Document was not executed due to errors.
- Waiting
  Document cannot be executed since some process is still pending.
- Obsolete
  The application document itself has been cancelled.

In addition, the Sales Recognition Monitor allows you to do the following:

Use the adjustment type as search criteria to find the a specific trading document, as follows:
- Settlement Adjustment
  If a settlement document is adjusted after revenue recognition, this document reappears as a new entry in the settlement event registry.
- Expense Adjustment
  If an expense document is approved or settled after revenue recognition, this appears as a new entry in the settlement event registry.
- Settlement and Expense Adjustment
  If a settlement and expense adjustment takes place in a document, this appears as a new entry in the settlement event registry.
Display the log
View the document flow
The Document Flow pushbutton allows the user to access current state of a document and view the document flow screen with respect to all preceding and succeeding document. From this list, users can display or navigate to the relevant documents.
Utilize Settlement Event indicators, as follows:
- Title Transfer
  After goods issue, the date of title transfer is determined and updated in the delivery document. For destination sales, the document uses the estimated date of title transfer, unless this date is replaced by a confirmed actual date of title transfer. The settlement event registry is notified with the date of title transfer in conjunction with the final settlement. If a delivery confirmation is received from a customer, then a notification to set the title transfer date can be sent to the settlement event registry.
- Final Price
  The final settlements with final prices update the event registry on approval.
- Governing Weight
  After the governing weight certificate is entered into the Q Repository, the governing weight certificate becomes available. The system then triggers a notification at final settlement of the settlement event registry that the governing weight is final.
- Governing Qualities
  When the governing quality certificate becomes available, the system triggers a notification at final settlement of the settlement event registry that the governing quality is final. If there are multiple governing quality characteristics, then this settlement event indicator is set after all governing quality characteristics have been received.

Activities

On the SAP Easy Access screen, choose Agricultural Contract Management Contract Settlement Revenue Recognition Revenue Recognition Monitor .
Choose either Purchase Realization Monitor or Sales Recognition Monitor (depending on whether it is a purchase or sales scenario).
Enter the company code and other required fields to display the relevant trading document. You can view all the details regarding the document.
Choose (Display Log). You can view all the documents that have been created for this trading contract and their statuses.
You can choose any document in the document flow to navigate to the particular document and view its details.

Note Note

If the trading contract has the status Ready, the revenue will be recognized for this contract. If the document has any other status besides Ready, Complete, or Obsolete the document flow will show which stage the trading contract is at. This helps you to know what steps need to take place to complete revenue recognition or purchase realization for the document.

End of the note.