IFRS 15 & IND AS 115 provides for revenue accounting & reporting that needs to be followed by various entities. SAP RAR solution enables an organisation to comply to these reporting standards. We bring expertise in planning & implementing SAP RAR solution.
SAP RAR is the out of the box solution by SAP that works seamlessly in alignment with IFRS 15 standard. It follows the IFRS 15 Five-step model to recognize revenue. It comes as an Add-on package that is needed to be incorporated in your current.
SAP has released various version of SAP RAR. The version 1.3.3. being the latest.
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