What data does the system calculate During results analysis?
Depending on the results analysis method, the system can calculate the following results analysis data: Inventory values. Reserves for unrealized costs. Reserves for imminent loss.
What is result analysis in project?
Results Analysis is to valuate ongoing unfinished activities, in projects during period-end. Accurate, timely recognition of project profitability, for each project, for every period end, is very important in any company.
What is SAP result analysis?
Results Analysis is functionality in SAP Controlling to valuate ongoing, unfinished activities, such as production orders, internal orders or projects at month-end. With SAP Results Analysis, you can provide a more realistic view of your ongoing activities by capitalizing the value added so far in the balance sheet.
What is RA key?
Result Analysis Key: The RA key is the default value for each order type and plant. It is then added to the order master record when an order of a particular order type is created. Each order for which work in process (WIP) has to be created must have a RA key.
What is revenue recognition in SAP PS?
Time-Based Progress Analysis in Project System (Revenue Recognition) 7 11 13,964. In customer projects, contracts are generally awarded in 2 parts: (1) the construction / delivery of a product / service, and (2) the subsequent service or product maintenance.
What is result analysis?
Results Analysis (RA) is a functionality in SAP Controlling to valuate ongoing, unfinished activities, such as service orders, production orders, internal orders or projects at month-end. Resource-related results analysis is one variation of results analysis.
How do you run a results analysis in SAP?
- Maintain Result Analysis Keys (Transaction OKG1)
- Define Valuation Methods for Results Analysis (Transaction OKG3)
- Define assignment of Cost Elements (GL Account) for Results Analysis (Transaction OKG5)
- Define Posting Rules for Settlement to Accounting (Transaction OKG8)
What are results analysis methods in SAP?
Results analysis methods contain the rule for calculating the results analysis data. These methods will help you to capitalize the costs/revenue. Professional Services Scenario: Consulting, audit & tax, legal, and IT services businesses use professional services scenario in SAP.
What should I do if the Order has a results analysis key?
If the order (controlling object, in general) carries a Results Analysis key, please, perform the following checks: Check if WIP / RA data has been calculated for the order (data appears in table COSB). Check if WIP has already been settled, so there will be no delta from the previous settlement of RA data.
What is result analysis key and valuation method?
Result Analysis Key (RA Key) is a control parameter for Result Analysis. It is assigned to a WBS. When a RA Key is present in WBS it becomes Result Analysis relevant. The method assigned to RA Key will be considered when Result Analysis is executed. Valuation Method specify the method by which results analysis is carried out.
What is result analysis key (Ra key)?
Result Analysis Key (RA Key) is a control parameter for Result Analysis. It is assigned to a WBS. When a RA Key is present in WBS it becomes Result Analysis relevant. The method assigned to RA Key will be considered when Result Analysis is executed.