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Go to SPRO and create recognition types for different revenue streams.

Configure time-based revenue recognition as needed. Key Data Objects Company Code Fiscal Year Variant (e.g., K4) Posting Periods

Are you configuring (performance-based) or Time-Based revenue recognition? CH2.rar

To define how revenue is recognized for different revenue streams (e.g., Product Sales vs. Service Revenue) based on performance obligations (POBs). Key Components:

To make this feature guide more specific, could you tell me: Go to SPRO and create recognition types for

Master data setup for distinct revenue streams.

Configuring revenue recognition rules linked to specific performance obligations (e.g., Delivery, Installation). Time-Based Recognition: Setting up recognition over time. Configuration Steps (SPRO) CH2.rar

Assign the recognition types to the relevant business processes and POBs.