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Revenue Cap in Event-Based Revenue Recognition: Understanding and Troubleshooting

SAP Credit Management

Picture the following scenario in Event-Based Revenue Recognition in SAP S/4HANA Cloud: You set up a time and expense-based customer project with a project-specific price, and you define a certain invoice cap for this project. This is then called a revenue cap. But first, a quick introduction: What’s the cap all about?

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The Matching Principle Meets A/R Automation: Best Practices for Financial Accuracy

Gaviti

One cornerstone of accurate financial reporting is the matching principle in accounting, a concept that ensures revenues and expenses are recorded in the same period. This article dives into the intricacies of the matching principle and explores best practices for integrating it with A/R automation tools for optimal financial accuracy.