SAP Revenue Recognition Review
What do you like best?
I like that this program automatically balances journal entries.
What do you dislike?
I do not like that when inputting journal entries, the program initially gives an error message in relation to months/periods.
Recommendations to others considering the product:
I would highly recommend this project for not only professional use, but also school projects! It makes the conceptual parts relating to accounting and revenue recognition easier to understand, because it breaks entering journal entries down into parts. I would recommend using SAP Revenue Recognition to my peers and coworkers because it is simple and easy to understand, especially for people new to the accounting world.
What problems are you solving with the product? What benefits have you realized?
Using SAP Revenue Recognition, I am able to ensure the validity and balance of data that was given to me in relation to a bicycle company. This program helps to ensure the fact that my accounting in the project was correct by validating that my debits and credits balance. I like that you are able to easily enter the entries, and the program automatically puts them into the general ledger. Another feature that I really like about SAP Revenue Recognition is that it is an online database. I was able to easily share my work with people who were also connected to the system that I was using. This was helpful because it saved a lot of time in terms of emailing the project back and forth, because they were able to just log in from their computer and see my work.