SAP Credit Management

JANUARY 25, 2023

They contain the journal entries for all business transactions that are posted to them. The set-up of your ledgers depends on whether your company operates on a national or an international basis. Production orders are the cost object to collect production costs of the project stock.

Revenue Recognition 166

Revenue Recognition Credit and Collections Transactions 166

SAP Credit Management

SEPTEMBER 27, 2023

Here’s a comparison of the key differences between these three types of STOs: Aspect Intercompany STO Intracompany STO MM STO Definition Goods are transferred between different legal entities or company codes within the same organization. Minimal or no direct accounting impact; treated as an internal cost transfer.

Revenue Recognition 132

Revenue Recognition Transactions 132

SAP Credit Management

AUGUST 15, 2023

By definition, Sales Area is a combination of three organizational units that define customer and material reach. It touches every point of the Order to Cash (OTC) cycle from quotation to revenue recognition. Stay with me for a few more minutes. Let’s start with: What does every SAP Consultant know? Channel + Division.

Revenue Recognition 111

Revenue Recognition Default Order to Cash Credit Management 111

Fundera

FEBRUARY 26, 2018

Ever wonder why your accountant harps on you about keeping your business transactions separate from your personal transactions? This isn’t because your accountant wants to make their job easier (although, yes, separate transactions definitely do help!). Basic Accounting Principle 8: Revenue Recognition Principle.

Small Businesses 68

Small Businesses Revenue Recognition Transactions 68

Fundera

MARCH 4, 2020

This being said, NetSuite breaks down the makeup of this software into the following categories: Financial management: Finance and accounting, billing, revenue recognition, financial reporting, global accounting and consolidation. Batch transactions. Revenue stream. Financial planning: Planning, budgeting, forecasting.

Revenue Recognition 52

Revenue Recognition Dashboards Small Businesses Transactions 52