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Blogs by

Thomas Meder

A combination that can work for you! SAP Business ByDesign has always focused on a solid preparation of data for financial consolidation purposes. There has been no intent to build an own financial consolidation solution

Customers using customer contracts might use services on a fixed-price base. In revenue recognition, those are realized over time. But the accrual methods provided there are not easy to understand. Therefore, I’d like to provide

Problem statement In the lifetime of a company, it might happen that it is being merged with another company. But how can this be accomplished technically in SAP Business ByDesign? Several times, I was asked

SAP is introducing enhancements to SAP Business ByDesign to allow customers to comply with accounting standard IFRS 15/ASC606 revenue recognition requirements. Our series of case documents introduces the key requirements of IFRS 15/ASC606 along with

Sell a printing machine with extended warranty In this example, I’d like to describe a way how to cope with warranties under IFRS15/ASC606. The accounting standard claims to distinguish between legally required (“assurance-type warranty”) and

My colleague Stefan created a video showing hands-on for the coming IFRS15/ASC606 enhancements. It is planned to make those generally available with 1811. Stefan explains aspects of a product delivery under IFRS 15 and ASC 606

Sell a printing machine with mandatory paper feeder unit SAP is introducing enhancements to SAP Business ByDesign to allow customers to comply with Accounting Standard IFRS 15/ASC 606 Revenue Recognitions Requirements. The series of case

SAP is introducing enhancements to SAP Business ByDesign to allow customers to comply with Accounting Standard IFRS15/ASC606 Revenue Recognitions Requirements. The series of case documents introduces the key requirements of IFRS15 /ASC606 along with steps

Background to our series on IFRS 15 and ASC 606 We think it is best to explain changes to SAP Business ByDesign for IFRS 15 and ASC 606 along illustrative, realistic examples. In this article,

Dealing with Travel and Expenses SAP is introducing enhancements to SAP Business ByDesign to allow customers to comply with Accounting Standard IFRS 15/ASC 606 Revenue Recognitions Requirements. The series of case documents introduces the key