The deadline for adhering to the new IFRS 15 / ASC 606 finance standard is getting closer, January 2018 is not far away.
If you are just starting to implement SAP Revenue Accounting and Reporting (RAR), the SAP add-on solution which automates the revenue recognition and accounting processes, you are welcome to register for an Expert-Guided Implementation (EGI) session called RAR Basic Configuration. This EGI is a remote training session of 2 hours each day for 5 days in total. The RAR engineer also provides remote support during the EGI week.
The remote training can be booked via the following link:
The details of the remote training are captured in the abstract which also includes the prerequisites. Please note that there are different session dates available and that the number of customers per session is limited.
At the upcoming SAPPHIRE NOW event you can also find out more about IFRS 15 and how it affects your business. Here is a selection of interesting sessions related to this topic:
- Session ID BA43449: Prepare for the New IFRS Revenue Recognition and Lease Accounting Standards
- Session ID BA43329: Gear Up to Comply Effectively with New Revenue Recognition
- Session ID FIN8757: Tools and Tips to Prepare for the New Revenue Recognition IFRS 15/ASC 606
Benjamin Wilk is the social media lead for SAP Digital Business Services at SAPPHIRE NOW 2017.