VF44 - Cancel Revenue Recognition

When a Media Lab contract/invoice is cancelled, you run this procedure to recognise "cancelled revenue".

1. Cancel bills normally via VF11
2. Recognize revenue via VF44:
   1. Get started (SAP menu path, fast path)
   2. Revenue Recognition: process worklist: initial screen
   3. Revenue Recognition: process worklist

1. Get Started

• SAP menu path

  Role ZSBM=>Advanced Scheduled=>Monthly Processing=> Deferred Revenue Recognition => VF44 - Revenue Recognition Worklist

• SAP Fast Path

  At the Command Line, enter: /nVF44

2. Revenue Recognition: process worklist:

1. Fill in Company code, Posting period/year, Posting level & Posting date.

   Company code

   CUR for main campus

   Posting period/year

   Revenue period that you wish to recognize. This time make sure you cover all the periods covered by any cancelled bills, for example 7/2001 through 10/2001 on the sample screen.

   Posting level

   3 will recognize revenue per sales document item level per posting period. So if you ran for multiple posting periods, everything would be posted today but with separate FI documents. Blank will recognize revenue per sales document. So multiple line items will be posted to a single FI document with multiple line items. Multiple posting periods will not be distinguished.

   Posting date

   The date used for the FI document posting date

2. Click on Execute

   A list of revenue items to be recognised displays, as shown in the next step.

3. Revenue Recognition: process worklist

1. Select rows of revenue to cancel (none shown).

   As a result, a check mark appears in the Stat column of each row.

2. Click on Save

   When processing is complete, a log displays, as shown in VF44 , step 3. You can review the documents created as described in VF44, step 4.

   Detailed Transaction Report after the cancelled revenue has been recognized.