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Picture the following scenario in Event-Based RevenueRecognition 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?
In this blog, we’ll take a deep dive into the integration with a special focus on the aspects of revenuerecognition and margin analysis. For example, it holds the revenuerecognition key for event-based revenuerecognition, or the profit center. To complete the picture, we need to talk about billing.
Error reduction: Automated A/R systems eliminate the need for manual data entry, significantly reducing the risk of human errors such as:Recording incorrect invoiceamounts, posting transactions to the wrong accounts, missing invoices or payments. This helps align cash inflows with revenuerecognition.
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