In SAP custom projects, you need to compare costs and revenues to get details on project results.
The following points should be considered −
Revenue Planning is one of the key aspects of Revenue and earnings. Revenue planning defines the revenue you expect when a project is executed.
In SAP Project system, you can use the following planning methods −
Manual Revenue Planning − You can perform manual revenue planning based on Work breakdown structure or by revenue element.
Automatic update Revenue plan − You can perform automatic update of revenue planning based on Work breakdown structure or in sales order.
To update revenue plan data from sales order −
Step 1 − Navigate to Project System → Revenues and Earnings → Planned Revenues → Automatic Plan Revenue Calculation → Specify Revenue Plan Update from Sales Document.
You record the data using the following −