Manage Revenue Contracts
Application component: Fiori UI for Revenue Accounting and Reporting
App type: Transactional
Line of business: Finance
Leading industry: Cross Industry
Solution capability: Financial Accounting (S/4)|Revenue and Cost Accounting (S/4)
Description:  You can manage revenue contracts and performance obligations using the following tasks:   Search for revenue contracts   Display performance obligations in different views if a revenue contract contains compound structures including List View and Hierarchy View   Display an overview of performance obligations within the revenue contract, such as Contractual Price, Standalone Selling Price, Allocated Amount, Invoice Amount, and Effective Quantity.   Display details for a specific performance obligation, such as general data, account assignment, and condition types   Edit the attributes of performance obligations   Create performance obligations manually   Add attachments and notes for revenue contracts   Navigate to other applications, such as Revenue Schedule and Display Change History   
A transactional application for managing revenue contracts. Revenue Accountant can use this application to search for revenue contracts, display overview information of this revenue contract, and display details of performance obligation.
Key features:  Search Criteria You can search for revenue contracts using the attributes found on contracts and performance obligations. The search function addresses the following typical scenarios:   Searching for contracts that have specific attributes For example, you can search for revenue contracts with a certain company code that were created later than a specific date.   Searching for contracts that are associated with specific operational documents For example, you can search for revenue accounting contracts associated with a certain sales order.   Searching for contracts that contain specific performance obligations For example, you can search for revenue accounting contracts that contain performance obligations with a certain performance obligation name.    Fuzzy Search You can perform a fuzzy search using the following fields: Company Code, Accounting Principle, Business Partner, Customer, Created By, and Last Changed By.   Result Views You can display search results using a plain list of revenue contracts.   Management Views When you open a revenue contract to view more details, the system provides the most important information about the current revenue contract , such as Recognizable Revenue, Posted Revenue, Contract Liabilities and Contract Assets. It also lists the performance obligations within the contract along with their attributes such as Composition, Contractual Price, Standalone Selling Price, Allocated Amount, Recognizable Revenue and Invoiced Amount. Additionally, the system provides several perspectives with which you can manage the performance obligations in the contract:   Performance Obligation List If a revenue contract only contains distinct performance obligations, you can manage the performance obligations within a plain list view. If a revenue contract contains compound structures, you can manage the performance obligations using the List View and Hierarchical View.   List View This view is a plain list of the performance obligations that are contained in the contract. In this view, only distinct performance obligations and compound group performance obligations are included.   Hierachical View This view presents each compound structure using tree structures. By default, the hierarchical view lists all distinct performance obligations and compound structures in the contract. If you click on a compound group performance obligation in List View, the specific hierarchical view of the compound structure is then displayed.   Attachments You can manage attachments for the revenue contract.   Notes You can manage notes for the revenue contract.     Performance Obligation Details When you open a performance obligation to view further details, the system not only provides the most important attributes about the current performance obligation, but also lists the condition types and accounts of the performance obligation.   
Business roles: Revenue Accountant| External Auditor
Cost Accountant - Sales : 
Analyzes markets, products, customers, distribution channels, and discount strategies. Reports and monitors KPIs for incoming orders, revenue, and margins. Contributes to fulfilling the organization’s sales strategy. 

Revenue Accountant : 
Displays and edits revenue contracts relevant information, check and reconcile postings for revenue contracts. 

External Auditor : 
Reviews the accounts of organizations to ensure the accuracy and completeness of their financial records.