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SAP Digital Business Services Supports Your Business: Compliance with IFRS 15

Support Update | April 15, 2016 by SAP Support Portal

On January 1, 2018, new revenue recognition regulations will be in effect in countries adhering to both US GAAP and IFRS. To help customers prepare for the new standards, SAP launched the SAP Revenue Accounting and Reporting application at the end of March 2015. Customers who are currently using the SAP ERP Financials solution, and have an active maintenance agreement, have access to the application at no charge.

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