Know-how

Workshops

Visit us and learn more about interesting and innovative topics in the areas of finance and controlling, project and portfolio management, logistics and serialization. Our practical workshops are content oriented to small groups of participants to ensure a broad space for interaction. We discuss your individual questions and tackle technical implementation. The events extend – depending on the content and depth – about a day or two. On request we can also put together individual workshop packages for you , make an appointment and carry out events at your site.

SAP WORKSHOPS

Segment Reporting And Profit Center Accounting
sem2
Duration: 1 Day
Presenter: Dr Frank Rothhaas
Dispute and Collection Management
sem1
Duration: 1 Day
Presenter: Reinhard Müller
Introduction into Project and Portfolio Management with SAP PPM and IM/PS
sem1
Duration: 1 Day
Presenter: Harald Fritz

Books & Publications

Getting Started in SAP FI-RA - Revenue Accounting and Reporting

Accounting standards are changing! Get up to speed and dive into the fundamentals of SAP Revenue Accounting. Review the basic legal principles that determine the reporting of revenues and common technical challenges, as well as the legal basis for ASC 606.

Walk step-by-step through the revenue recognition process according to ASC 606. Get best practices on how to prepare your system for an implementation and get a list of activities required to implement the Revenue Accounting and Reporting (FI-RA) business add-on in SAP ERP. Identify the three steps required to transition from the old to the new revenue recognition standard. Review the impact of the Business Rule Framework Plus (BRFplus). Get tips and best practices for data consistency and reporting.

By using detailed examples, tips, and screenshots, this book covers critical accounting standard topics including:
– ASC 606 statutory requirements
– Integration between SAP SD, PS, FI-RA, and FI-GL
– Troubleshooting data migration challenges
– BRFplus in revenue accounting

About the Authors
M. Larry McKinney, Reinhard Müller, and Frank Rothhaas offer extensive experience in SAP Financials and Controlling projects, with expertise in revenue accounting principles. M. Larry McKinney is an SAP alumnus with more than 20 years of experience implementing and maintaining SAP at Fortune 1000 companies. Reinhard Müller is a partner at Conessent Consulting GmbH, which provides international SAP consulting and software development, and has led international SAP FI/CO template developments and rollouts over the last 20 years. Frank Rothhaas is the managing director of Conessent Consulting GmbH and focuses on the implementation of international accounting principles and the integration of these principles in management and group reporting.