Venkatesh Doppalapudi
Sr SAP Rarconsultant @Corteva Agriscience
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WORK HISTORY
Sr SAP Rarconsultant @Corteva Agriscience
Configured revenue recognition to generate Revenue accounting items based on sales organization, sales document type item category as relevant for revenue accounting or credit debit memo with to predecessor.• Configured SAP RAR modules, including Revenue Accounting, Revenue Recognition, and Contract and Performance Obligation Management, to align with revenue accounting standards and optimize financial processes.• Implemented BRF for automated handling of complex revenue recognition scenarios, ensuring compliance with IFRS 15 and ASC 606.• Setup Revenue Recognition model for Time based and Event based(Fulfilment events for POB’s).• Designed revenue recognition processes that align with SAP RAR capabilities and best practices. Facilitated change management activities to ensure smooth adoption of SAP RAR within the organization.• Created and maintained customized reports and dashboards within SAP RAR to support decision-making and compliance requirements.• Configured revenue accounting rules, including revenue allocation, performance obligations, and contract modifications, to comply with revenue recognition standards (e.g, ASC 606/IFRS 15).• Utilized BRF to define business rules for the calculation of variable consideration, performance obligations, and revenue deferrals in the RAR module.• Designed a custom solution to handle a different requirement that needs to defer the revenue recognition for a certain time, until the ownership has transferred to the customer. • Configured Accounting Principles (US GAAP / IFRS) and assigned this to company codes. Setting up Migration transfer date & transferring Legacy data per Company Code.
EDUCATION
Jawaharlal Nehru Technological University Kakinada (JNTUK)
Bachelor's degree
Bellevue University
Master's degree
ABOUT VENKATESH DOPPALAPUDI
Sr SAP RAR Consultant
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