SAP Revenue Accounting and Reporting (RAR) was built from the ground up to help customers in their efforts to handle the new revenue recognition regulations announced May 28, 2014 (IFRS 15 & ASC 606) to be effective January 1, 2018 in countries... Read More »
Common Errors in SAP RAR
During the recent days I have been working on SAP RAR and finally managed to get to an extend where we are now able to understand the basic in the tool. I thought that It might be useful to list down all the Errors that I... Read More »
With the new revenue recognition rules for IFRS 15 / ASC 606 being right around the corner, I have had several customers ask me very recently if there any silver bullets to quickly handle these rules?
The short answer is no.
Over 150 on-going RAR... Read More »
Accelerate your business to comply with IFRS 15 regulations using SAP Revenue Accounting and Reporting (RAR) Solution. Two leading accounting standard bodies IASB (International Accounting Standard Board) and FASB (Financial Accounting Standard... Read More »
In our recent blogs on revenue accounting, we covered an update to SAP Revenue Accounting and Reporting (RAR) v1.3, and provided our best practice recommendations
for approaching an IFRS 15 / ASC 606 project even if at the last minute.
In this blog,... Read More »