Revenue Recognition Data

Revenue recognition date is equal to invoice date

except of the condition below

The order is with incoterm D** (DAP,DAT,DDP)

AND invoiced in a  quarter and delivered in the next quarter

AND invoice value is over 250 KE  

In this case 

Revenue recognition date is equal to delivery date (Calculation done by Service Center SBS with SAP data booked by CAMs)

Revenue recognition date can be different from invoice date only at quarter end. 

Open Order

To consider an order as to be recognized we must to have the conditions:

• Incoterm D*
• Value > 250 k€:
• The item value > 250 k€
• The sum of items with the same last req date > 250 k€.  

The to be recognized date is defined by:

• If no shipment doc →  Customer requested delivery date.
• If shipment doc →  the shipment end date (plan/exec).

If the to be invoiced quarter <> to be recognized quarter, the order/order line is flagged as To be recognized.

If the to be invoiced quarter = to be recognized quarter, then, the to be recognized date will be the to be invoiced date.

Invoiced

To consider a billing as to be recognized we must to have the conditions:

• Incoterm D*
• Value at document level > 250 k€.

The to be recognized date is defined by:

• Shipment End date (executed/planned).

If the billing date (quarter) <> to be recognized quarter, the order/order line is flagged as To be recognized.

If the billing date (quarter) = to be recognized quarter, then, the to be recognized date will be the billing date.