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SAP Product Engineering helps your Business: IFRS 15 Compliance

On January 1, 2018, new revenue recognition regulations will be in effect in countries adhering to both US GAAP and IFRS. To help you prepare for the new standards, SAP launched the SAP Revenue Accounting and Reporting application in 2015. If you are using the SAP ERP Financials solution, and have an active maintenance agreement, you can directly use this application at no extra charge.

Read the full announcement


Address new revenue recognition standards with SAP Solutions

Since 2015, SAP offers a solution that specifically addresses both requirements derived from the new accounting standard and revenue recognition across various accounting principles.


Check the product capabilities already available

Discover the functional and technical capabilities of SAP Revenue Accounting and Reporting, its system requirements and licensing and purchasing options. View the latest product documentation and trainings.



Prepare for the new revenue recognition standards 

How can you prepare your organization and the financial close process for the upcoming changes? Based on feedback from our ramp-up program we recommend five steps you should take to become ready.



Learn how to get started: Meet-the-Expert sessions

Watch the recordings of the IFRS 15 / ASC 606 Information Day. During the sessions, you will learn about SAP's solution to IFRS related challenges, and get migration -guidance.