Posting by Accounting Period

You can post revenue for one accounting period at a time. Before you can post revenue for a period, you must make sure that you have already successfully posted revenue for all of the previous periods.

Test Mode

The system allows you to simulate a posting job in test mode. You can use the simulated results to verify the account determination, account assignments, debit/credit side, and posting amounts. Additionally, the test mode allows you to select specific contracts and performance obligations to simulate postings. The test mode is activated by default when you enter the revenue posting user interface.

In test mode, the system performs basic checks on your posting options to prevent you from running a job that will eventually fail. For example, the test mode checks whether the selected company codes exist. However, it does not check against issues that can only be detected while the job is running.

In test mode, line items for contract liabilities and assets are aggregated at contract level. Other line items are aggregated at performance obligation level.

Running as Background Jobs

The posting of revenue is run as a background job. The accountant schedules a job and checks the job upon completion. The job monitor displays the results of posting jobs to indicate whether the jobs are successful.

You can monitor the status of the posting job, such as planned start time, start time, and end time. You can view the processing details of the posting job. Additionally, you can open the posted documents relating to the posting job.

Scheduling

You can schedule a posting job to run once or to recur at regular intervals. To run the posting job once, you can schedule it to run either immediately or at a specified time. You can also schedule the posting job to recur daily, weekly, or monthly.

For a scheduled posting job, the system performs basic checks on your posting options to prevent you from running a job that will eventually fail. However, it does not check against issues that can only be detected while the job is running.

Specifying Posting Date

The system determines the posting date, which is required in the posted FI documents, as follows:

Booking Contract Liabilities and Contract Assets

You can choose whether to include transactions that relate to contract liabilities and contract assets in the posting job. However, when you retry a failed posting job for which this option was enabled, the system assumes that this option is enabled the second time round, regardless of whether it is actually enabled or not.

For more information, see Support of Multiple Accounting Principles.

Support of General Ledger Accounting (New)

If you have activated General Ledger Accounting (new), all postings are made to the relevant ledger group, depending on the accounting principle.

Line Item Aggregation and Splitting

To reduce the total number of line items in the posted documents, the system aggregates line items by a combination of several fields, such as G/L account, account assignment attributes, and condition type. Therefore, line items that have identical values for all these fields are merged into one line item.

In some rare scenarios, the amount of a single line item exceeds 99,999,999,999. In this case, the system splits the line item into several line items.

FI Document Splitting

Typically, the system creates one FI document for each posting job. However, the system splits the document into several documents in the following scenarios:

Handling Tax Codes

Revenue-related postings are not relevant to input and output taxes. If the posting involves an account that is defined as tax-related, the system uses a tax code that applies a zero tax rate. You can define the tax code in the following Customizing activity:

Choose  Financial Accounting Revenue Accounting Revenue Accounting Postings Assign Tax Codes for Non-Taxable Transactions .

Including Account Assignment Data

You can include account assignment data (segment, profit center, business area, and function area) in FI documents posted to the general ledger. This can be customized at company code level in the following Customizing activity:

Choose  Financial Accounting Revenue Accounting Revenue Accounting Postings Define Posting Specifications for General Ledger Transfer .

Reversal

You can reverse the postings made by a previous revenue posting job.