Prerequisites
To apply for the SAP RAR Training, you need to either:
You should be familiar with various accounting concepts, SAP ERP systems, SAP FICO, revenue recognition, reporting, etc., to start learning SAP RAR.
Course Curriculum
Topic – 1 SAP RAR Overview
- Understanding SAP RAR basics
- Functionalities of SAP RAR
- Concepts of Key principles and standards of Revenue Accounting
- Understanding SAP RAR System Architecture
- Configuring SAP RAR Basics
- RAR Components
- Exploring SAP RAR UI
- Understanding Reporting and Analytics
- Real-time Business Scenarios and Use Cases
- Best Practices for Effective Revenue Accounting and Reporting
Topic – 2 Mastering Revenue Recognition Standards
- Explanation of IFRS 15 and ASC 606 standards
- Deep Dive into IFRS 15 and ASC 606 Requirements
- Comparative Analysis of IFRS 15 and ASC 606
- Five-step Process of Revenue Recognition
- Aligning Principles with SAP RAR
- Impact Analysis on RAR
- Configure SAP RAR for Standards Compliance
Topic – 3 Integration Essentials with SAP SD & FI
- Integrate SAP RAR with SD and FI Modules
- Data Mapping between SAP RAR and SD/FI
- Configuring RAR Integration for Seamless Operations
Topic – 4 Harnessing BRF+ Integration
- Understanding BRF+ Framework (Business Rule Framework Plus)
- Exploring Architecture and Data Model
- Seamless Integration with SAP RAR
- Configure and Implement BRF+ Rules
- Impact of BRF+ rules
- Leveraging BRF+ for Enhanced Data Management
- Optimizing Rule Engine Capabilities
Topic – 5 Comprehensive SAP RAR Configuration
- Overview of Configuration Process
- Deep Dive into SAP RAR IMG
- Step-by-step Configuration of Key Objects
- Contract Management Configuration
- Concepts of Billing and Invoicing
- Understanding Financial Reporting Setup
- Integration Configuration with SD and FI
Topic – 6 Exploring RAI and ARL
- Understanding Architecture and Data Model
- RAI Data Flow in SAP RAR
- ARL Rule Sets and Their Significance
Topic – 7 Advanced Contract Management & Financial Reporting
- Contract Management Essentials
- Contract Types and Creation
- Contract Modification
- Workflow Management
- Reporting and Analytics
- Financial Reporting
- Data Extraction and Consolidation
- Reporting Tools and KPIs
- Best Practices for Effective Financial Reporting
Topic – 8 Billing and Invoicing Optimization
- Billing Plans and Invoicing Schedules
- Seamless Integration for Billing
- Contract management invoicing
- Impact Analysis on Revenue Accounting
- Configuration Best Practices in SAP RAR
Topic – 9 Data Migration and System Configuration
- Overview of the Data Migration Process
- Data Migration Needs and Guidelines
- ETL Processes for Migration
- Testing and Validation
- SAP RAR System Setup and Configuration
- Master Data Configuration and Rule Implementation
