Rar stands for

Following is the pictorial representation of the illustration narrated above; We also consider an illustration where in contact asset is ascertained. In RAR system, data obtained from different source applications are processed to identify the POB and their recognizable revenue.

Following diagram depicts data flow architecture to and within RAR system. Standard Integration Applications 1. SAP Hybris 2.

Sales and Distribution. The information flow from source applications to RAR provides details of Order, Fulfillment and Invoice of a contract. An order creates a contract in RAR, whereas fulfillment and invoice update an existing contract. However, few stages can be skipped with integrated approach. Raw: No validation done Processable: Validation like master data, company code and so on done Processed: RAI is processed, and corresponding Revenue Accounting Contract is created or updated successfully.

Own BRFplus application can be created by copying the appropriate template application delivered by SAP and maintain installation-specific logic by maintaining the appropriate decision table entries. There are Decision Tables in each of these applications for specific purposes which contains condition columns and result columns.

Following picture depicts input column in blue and output columns in green ;. Following are some of the decision tables provided in a BRFplus applications; 1. Updating POB Attributes 2. Right of Return 4. Account determination for Contract Asset 5.

Account determination for Contract Liability 6. Account determination for Recognized Revenue 7. Account determination for Rev. Allocation 8. Account determination for Deferred Cost. Revenue Schedule provides the projection of revenue to be recognized over the period of contact. It also shows the status of revenue recognized in each period. Step 1 — Transfer Revenue Purpose : Identifies the revenue to be recognized at the end of the specified period.

The status of the job can be checked using Revenue Posting Jobs Monitor. By clicking on Transfer, a background job gets created. Step 3 — Revenue Posting Run Purpose : Posts accounting documents based on the calculation done in earlier steps. By clicking on Post, a background job gets created which will post accounting documents. Before posting, simulation can be done to verify the entries. Accounting Entries Accounting entries gets posted from RAR during the period end processing in step 3.

We shall consider the following scenario as the basis to understand the accounting entries;. There is no role of RAR in this entry;. However, it first posts the Transaction Price and then adjusts it with the allocation effect. The result is nothing but the allocation of the POB for the period;.

In this section some of the important configurations are highlighted. The source applications are defined as sender component. Step 2: Logical System Define logical systems from which revenue accounting retrieves source items. These are defined as Source Item Types. Adapter Reuse Layer Step 1: Interface Components This configuration activity provides access to the interface components that can be used when defining revenue accounting item classes.

SAP provides preconfigured interface components that can be used immediately. These include basic components, which are mandatory for each record type, as well as other optional components which can be added to a Revenue Accounting Item Class. Step 2: Maintain Revenue Accounting Item Classes Define revenue accounting item classes and their technical attributes. It can be; 1. Consistent items are created as processable items and Erroneous items are created as raw revenue accounting items.

Consistent items and erroneous items are created as raw revenue accounting items. In this configuration define the reasons for so and can specify whether the item can be restored or not. This comes handy if there are issues with the Customizing or the item may be corrupt. The system then moves these items to a separate table which excludes them from ordinary processing. Once restored, they can be further processed in RAI monitor. Assign Company Codes to Accounting Principles.

Step 2: Open and Close Revenue Accounting Periods Configure whether an accounting period is open for revenue accounting related transactions. The settings in this activity provide a revenue accounting perspective of period closing.

This is more of a periodic activity. Run IDs are reference numbers that the system uses to track background jobs created for revenue postings. Step 4: Define Contract Categories Define contract categories and assign number ranges to them. Step 5: Define Performance Obligation Types Define performance obligation types and their associated attributes.

Step 6: Condition Types Maintain settings relating to condition types. RAR File Extension. File Viewer Plus — Get it from Microsoft. Smith Micro StuffIt Deluxe. B1 Free Archiver. WinMount International WinMount. Incredible Bee Archiver. The Unarchiver. ComcSoft Corporation iZip. ZDevs ZArchiver. Use our Power Search technology to look for more unique definitions from across the web! Search the web. Citation Use the citation options below to add these abbreviations to your bibliography.

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