SAP RAR EXERCISES BOOK – VOL 2

RAR Activation and Prerequisites

1 System Requirements Verify SAP ERP system meets minimum requirements for RAR implementation
2 System Requirements Check SAP S/4HANA version compatibility with RAR
3 System Requirements Verify database requirements for RAR implementation
4 Software Components Install required software components for RAR
5 Software Components Validate SAP_APPL component version for RAR compatibility
6 Software Components Check for latest support packages and patches for RAR
7 License Verify SAP RAR license availability and validity
8 License Document RAR license details in project documentation
9 Activation Execute SFW5 transaction to activate RAR business function
10 Activation Verify successful activation of Revenue Accounting business function
11 Activation Check activation logs for any errors or warnings
12 Technical Readiness Run FINS_RAR_TECH_CHECK program to verify technical readiness

13 Technical Readiness Analyze and resolve any technical issues identified in readiness check
Basic Configuration
14 Organizational Structure Define and set up RAR legal entities
15 Organizational Structure Define revenue accounting areas
16 Organizational Structure Map revenue accounting areas to company codes
17 Accounting Principles Configure accounting principles for revenue recognition
18 Accounting Principles Set up parallel accounting for different accounting standards (IFRS, US GAAP)
19 Fiscal Year Variant Configure fiscal year variant for revenue accounting
20 Posting Periods Define posting periods for revenue recognition
21 Posting Periods Set up period control for revenue accounting
22 Document Types Configure document types for revenue accounting
23 Document Types Define number ranges for revenue accounting documents
24 GL Accounts Define revenue GL accounts for revenue recognition
25 GL Accounts Configure contract liability (deferred revenue) accounts
26 GL Accounts Set up contract asset accounts
27 GL Accounts Configure provision for PoC (percentage of completion) accounts
28 GL Accounts Define expense accounts for cost of goods sold recognition
29 Currencies Configure currencies for revenue recognition
30 Currencies Set up exchange rate types for revenue accounting
Revenue Recognition Process Configuration
31 Recognition Principles Configure revenue recognition principles
32 Recognition Principles Set up revenue recognition methods (point in time vs. over time)
33 Recognition Principles Configure fulfillment methods for revenue recognition
34 POB Rules Define and configure POB (Proof of Billing) rules
35 POB Rules Set up POB accounting methods
36 POC Rules Configure POC (Percentage of Completion) rules
37 POC Rules Define POC calculation methods
38 POC Rules Set up thresholds for POC recognition
39 POC Input Methods Configure input methods for POC calculations
40 POC Input Methods Set up cost-to-cost input method configuration
41 POC Input Methods Configure milestone-based input methods
42 POC Input Methods Define effort-based input methods
43 Transaction Types Configure transaction types for revenue recognition
44 Contract Type Define contract types for revenue contracts
45 Contract Type Map contract types to revenue recognition methods
Performance Obligation Configuration
46 Performance Obligations Configure performance obligation determination rules
47 Performance Obligations Set up performance obligation types
48 Performance Obligations Configure bundling/unbundling rules for performance obligations
49 Performance Obligations Define stand-alone selling price determination methods
50 Performance Obligations Set up price adjustment factors for performance obligations
51 Performance Obligations Configure variable consideration constraints
52 Performance Obligations Define rules for variable consideration allocation
 53 Performance Obligations Set up multi-element arrangement rules
Integration ConfiguratioN
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54 SD Integration Configure Sales & Distribution (SD) integration with RAR
55 SD Integration Map SD item categories to revenue recognition methods
56 SD Integration Configure material determination for revenue recognition
57 SD Integration Set up pricing procedure determination for RAR
58 SD Integration Configure SD delivery relevance for revenue recognition
59 SD Integration Set up billing plan integration with RAR
60 FI-CO Integration Configure Financial Accounting integration with RAR
61 FI-CO Integration Set up CO (Controlling) account assignments for RAR
62 FI-CO Integration Configure profit center determination for RAR postings
63 FI-CO Integration Set up cost center assignments for RAR
64 PS Integration Configure Project System (PS) integration with RAR
65 PS Integration Map WBS elements to performance obligations
66 PS Integration Configure project progress tracking for revenue recognition
67 PS Integration Set up milestone billing integration with RAR
68 MM Integration Configure Materials Management integration with RAR
69 MM Integration Set up goods receipt relevance for revenue recognition
Implementation Tasks
70 Master Data Configure customer master data for RAR
71 Master Data Set up material master for revenue recognition
72 Master Data Configure condition records for RAR
73 Master Data Set up bill of materials for bundled products
74 Master Data Configure contract templates for revenue recognition
75 Master Data Define revenue arrangement templates
76 Data Migration Plan data migration strategy for existing contracts
77 Data Migration Configure data migration tools for RAR
78 Data Migration Develop migration programs for legacy contracts
79 Data Migration Test data migration procedures
80 Data Migration Execute test migration for sample contracts
81 Data Migration Validate migrated contracts in RAR
 82 Data Migration Document data migration results and issues
Process Design and Testing
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83 Process Design Document order-to-cash process for RAR
84 Process Design Design revenue recognition workflow
85 Process Design Document period-end closing procedures for RAR
86 Process Design Design revenue reporting process
87 Process Design Document contract modification handling process
88 Process Design Design revenue reversal and adjustment processes
89 Test Planning Develop test strategy for RAR implementation
90 Test Planning Create test cases for standard revenue recognition scenarios
91 Test Planning Develop test cases for industry-specific scenarios
92 Test Planning Create test cases for complex bundling scenarios
93 Test Planning Develop test cases for contract modifications
94 Test Planning Create test cases for revenue adjustments and reversals
95 Test Execution Execute basic revenue recognition tests
96 Test Execution Perform tests for multi-element arrangements
97 Test Execution Execute tests for percentage of completion scenarios
98 Test Execution Perform tests for variable consideration scenarios
99 Test Execution Execute tests for contract modifications
100 Test Execution Perform integration tests with SD, FI, CO, PS modules
Cutover and Go-Live
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101 Cutover Planning Develop cutover strategy for RAR implementation
102 Cutover Planning Create cutover plan with detailed timeline
103 Cutover Planning Define fallback procedures for RAR go-live
104 Cutover Planning Plan parallel run strategy for RAR
105 Cutover Execution Freeze transactions in legacy revenue recognition system
106 Cutover Execution Execute final data migration to RAR
107 Cutover Execution Activate RAR in production environment
108 Cutover Execution Validate cutover results
109 Go-Live Support Establish go-live support team structure
 110 Go-Live Support Document issue management process for go-live
111 Go-Live Support Create dashboard for go-live monitoring
112 Go-Live Support Schedule daily go-live status meetings
Post Go-Live Activities
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113 Monitoring Set up monitoring reports for revenue recognition
114 Monitoring Configure alerts for revenue recognition discrepancies
115 Monitoring Develop KPIs for revenue recognition process
116 Monitoring Create dashboards for revenue recognition monitoring
117 Period-End Activities Document month-end closing procedures for RAR
118 Period-End Activities Create checklist for revenue recognition period-end activities
119 Period-End Activities Develop reconciliation procedures for revenue accounts
120 Period-End Activities Create procedures for revenue recognition adjustments
121 Training Develop training materials for end users
122 Training Conduct training sessions for accounting team
123 Training Train super users on advanced RAR functions
124 Training Develop quick reference guides for common RAR tasks
125 Knowledge Transfer Document lessons learned from RAR implementation
126 Knowledge Transfer Create system documentation for RAR configuration