Hierarchy
BBPCRM (Software Component) BBPCRM⤷
CRM (Application Component) Customer Relationship Management⤷
CRM_APPLICATION (Package) All CRM Components Without Special Structure Packages⤷
VF0C (Package) Customizing R/3 invoice
Basic Data
| Data Element | RR_FASB |
| Short Description | Activate FASB Solution |
Data Type
| Category of Dictionary Type | D | Domain |
| Type of Object Referenced | No Information | |
| Domain / Name of Reference Type | ACTFLD | |
| Data Type | CHAR | Character String |
| Length | 1 | |
| Decimal Places | 0 | |
| Output Length | 1 | |
| Value Table |
Further Characteristics
| Search Help: Name | ||
| Search Help: Parameters | ||
| Parameter ID | ||
| Default Component name | ||
| Change document | ||
| No Input History | ||
| Basic direction is set to LTR | ||
| No BIDI Filtering |
Field Label
| Length | Field Label | |
| Short | 4 | FASB |
| Medium | 15 | FASB Solution |
| Long | 25 | FASB Solution |
| Heading | 40 | Activate FASB Solution(Foreign Currency) |
Documentation
Definition
With this indicator you activate the functions that fulfill the requirement FASB52 (Financial Accounting Standards Board Statement 52) in revenue recognition.
The procedures stipulated in legal requirement FASB52 include the following:
- You require a fixed exchange rate during the entire accrual period for the postings to the accruals and deferrals accounts (balance sheet accounts).
- Gains and losses from exchange rate fluctuation should only affect the profit and loss account.
If your company has processes relevant for revenue recognition that are in a foreign currency, you should activate this function. For more information, see the SAP Note 891585 # FASB52(SD) Transferring the exchange rate date to FI.
Use
Activation and deactivation are only relevant for the Revenue Recognition application.
Dependencies
It is only possible to activate and deactivate this function if you have activated revenue recognition in the Customizing activity Activate SD Functions (Enable Customizing for Revenue Recognition).
Before it was possible to activate the functions for requirement FASB52 with this indicator, you had to use the following error message: message class VA, message 314. For more information, see the SAP Note 786266.
- If you have already activated the function using this message, the indicator in the Customizing activity Activate SD Documents in the Revenue Recognition step is automatically set when an entry is added or initialized.
- Once you have saved your settings in the Customizing activity, the system exclusively controls the activation and deactivation according to the settings in the Customizing activity. The error message thus becomes irrelevant.
Example
History
| Last changed by/on | SAP | 20100310 |
| SAP Release Created in | 604 |
