SAP RAR Training

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SAP RAR training by MindMajix is offered in expert-led live-online and on-demand video-based learning modes to learn at your convenience. We offer the top-rated 30-hour SAP Revenue Accounting and Reporting (RAR) course with a 100% practical approach. Learn SAP RAR from MindMajix to become an expert SAP RAR professional.

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Course Includes

100% Money back guarantee
Live Training

30 Hrs of Sessions

Lab Sessions

25 Hrs of Labs

Two Real-time Use cases

Real-time Use cases

24/7 Lifetime Support

24/7 Lifetime Support

Certification Assistance

Certification Based Curriculum

Flexible Schedule

Flexible Schedules

One-on-onedoubtclearing

One-on-one doubt clearing

Careerpathguidance

Career path guidance

JobSupport

Job Support

About SAP RAR Course

MindMajix‘s SAP RAR training helps unlock your potential to perform SAP revenue accounting and reporting in real-world scenarios efficiently. The course will provide you with a strong foundation on SAP RAR concepts. Our skilled trainers will guide you in configuring the SAP RAR module through step-by-step demonstrations. The immersive training provides intensive lab sessions and the latest real-world practical examples to elevate your hands-on experience. You will plunge into the core concepts of SAP RAR, like financial data extraction, invoicing with contract management, RAI data flow, etc. Expand your skillset through the job assistance program offered by MindMajix to take your career growth to the next level.

SAP RAR Training
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Course Coverage

SAP RAR Course Content

SAP RAR training by MindMajix curriculum is developed, including the key modules required to equip you to streamline revenue accounting processes, implement revenue recognition methods, etc. The curriculum maps the skills expected from SAP RAR consultants by today’s employers. The online SAP RAT co...Read more

Module 1: Introduction to SAP RAR

  • Overview of SAP RAR and its functionalities
  • Key revenue accounting principles and standards
  • SAP RAR system architecture and components
  • Overview of the RAR user interface
  • Key business scenarios and use cases for SAP RAR
  • Basic configuration and setup of SAP RAR
  • Overview of reporting and analytics in SAP RAR
  • Best practices for using SAP RAR in revenue accounting and reporting
  • Case studies and real-world examples of SAP RAR implementations

Module 2: Revenue recognition under IFRS 15 and ASC 606

  • Overview of IFRS 15 and ASC 606 accounting standards
  • Key principles and requirements of IFRS 15 and ASC 606
  • Comparison of IFRS 15 and ASC 606
  • Impact of IFRS 15 and ASC 606 on revenue accounting and reporting
  • Five-step revenue recognition process under IFRS 15 and ASC 606
  • Mapping of revenue recognition principles to SAP RAR
  • Configuration of SAP RAR for IFRS 15 and ASC 606 compliance

Module 3: BRF+ Integration

  • Overview of BRF+ (Business Rule Framework Plus) 
  • Understanding the BRF+ architecture and data model
  • Integration of BRF+ with SAP RAR
  • Configuration and setup of BRF+ rules 
  • Designing and implementing BRF+ rules 
  • Impact of BRF+ rules on revenue accounting and reporting
  • BRF+ rule engine and its capabilities
  • Techniques for using BRF+ for data transformation and manipulation

Module 4 : ModuleRAR integration to SAP SD & FI

  • Integration of SAP RAR with SAP SD and FI modules
  • Mapping of revenue accounting and recognition data between SAP RAR and SAP SD/FI
  • Configuration of SAP RAR for SD and FI integration

Module 5: SAP RAR Step-by-Step Configuration

  • Overview of SAP RAR configuration process
  • Understanding the SAP RAR IMG (Implementation Guide)
  • Step-by-step configuration of key SAP RAR objects, such as accounting principles, revenue accounting processes, revenue posting rules, and reporting objects
  • SAP RAR configuration for contract management
  • Billing and invoicing
  • Financial reporting 
  • Integration with SAP SD and FI modules

Module 6: Contract management & Financial reporting

1. SAP RAR Contract management 

  • Contract types and templates 
  • Contract creation and modification
  • Contract management workflows 
  • Standard reports and custom report
  • Dashboards and analytics 

2. SAP RAR Financial Reporting

  • Financial data extraction and consolidation 
  • Reporting tools and templates 
  • Key performance indicators (KPIs) and metrics for revenue accounting and reporting
  • Overview of the SAP RAR data model and data architecture
  • Best practices for using SAP RAR for financial reporting

Module 7: Billing and invoicing

  • Billing plans
  • Invoicing schedules 
  • Integration of billing
  • Invoicing with contract management 
  • Impact of billing 
  • Invoicing on revenue accounting and reporting 
  • Billing and invoicing configurations s
  • Settings in SAP RAR

free

Add-ons

Most of the SAP RAR Jobs in the industry expect the following add-on skills. Hence, we offer these skills-set as FREE Courses (Basics) to ease your learning process and help you stay ahead of the competition.

Agile & Scrum

Hands-on SAP RAR Projects & Assignments

Our SAP RAR Training course aims to deliver quality training that covers solid fundamental knowledge on core concepts with a practical approach. Such exposure to the current industry use-cases and scenarios will help learners scale up their skills and perform real-time projects with the best practices.

    Training Options

    Choose your own comfortable learning experience.

    Self-Paced Videos

    25 hrs of E-Learning Videos

    self-paced

    Get Pricing

    • 25 hours of SAP RAR Training videos
    • Curated and delivered by industry experts
    • 100% practical-oriented classes
    • Includes resources/materials
    • Latest version curriculum with covered
    • Get lifetime access to the LMS
    • Learn technology at your own pace
    • 24x7 learner assistance
    • Certification guidance provided
    • Post sales support by our community

    Live Instructor-Led

    30 hrs of Remote Classes in Zoom/Google meet

    online

    2024 Batches

    Start - End

    Time

    Weekend

    Nov 09 - Nov 24

    07:00 PM

    Weekdays

    Nov 12 - Nov 27

    07:00 PM

    Weekend

    Nov 16 - Dec 01

    09:00 AM

    Weekdays

    Nov 19 - Dec 04

    09:00 AM

    Customize your schedule here

    + Includes Self-Paced
    • Live demonstration of the industry-ready skills.
    • Schedule your sessions at your comfortable timings.
    • Virtual instructor-led training (VILT) classes.
    • Real-time projects and certification guidance.

    For Corporates

    Empower your team with new skills to Enhance their performance and productivity.

    Corporate Training

    • Customized course curriculum as per your team's specific needs
    • Training delivery through self-Paced videos, live Instructor-led training through online, on-premise at Mindmajix or your office facility
    • Resources such as slides, demos, exercises, and answer keys included
    • Complete guidance on obtaining certification
    • Complete practical demonstration and discussions on industry use cases
    Learn MoreContact us

    Served 130+ Corporates

    Corporate Clients

    User Testimonials

    • 4500 +
      COURSE REVIEWS
    • 4.6
      AVERAGE RATING
    • 98 %
      SATISFIED LEARNERS

    Excellent training; I learned a lot about SAP RAR! The trainers were really educated and accommodating. Great course materials and prac...

    Read More
    Jessi
    linkedIn
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    Job Assistance Program

    We take pride in being part of 5 lakh plus career transitions worldwide
    MindMajix-Job-Assistance-ProgramMindMajix-Job-Assistance-Program
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    Job Support Program

    Online Work Support for your on-job roles.

    jobservice

    Our work-support plans provide precise options as per your project tasks. Whether you are a newbie or an experienced professional seeking assistance in completing project tasks, we are here with the following plans to meet your custom needs:

    • Pay Per Hour
    • Pay Per Week
    • Monthly
    Learn MoreGet Job Support

    Career Transition

    Many professionals transformed careers with better pay and higher positions.

    Reviewer
    Senior Engineer to Network Engineer

    Arka Basak is now working for Conentrix as a Network Engineer, who took VAPT Training from MindMajix while he was working for CSS Corp as a Senior Engineer. 

    Company Logo
    Senior Engineer
    arrow
    Present Company
    Network Engineer

    76% of learners got 5x hike

    dollar

    68% of learners got promoted

    review

    83% of learners got certified

    medal

    SAP RAR Training Objectives

    What is the main objective of the SAP RAR course?

    The major objective of SAP RAR training is to equip you to gain essential skills to perform revenue accounting complying with international standards and create robust financial reports. The course curriculum is curated to maximize your potential, giving you a real-time understanding of SAP RAR principles through hands-on experience. The SAP RAR online training will boost your proficiency in configuring IFRS 15 and ASC 606 standards in a real-time environment. The online SAP RAR course allows you to expand your knowledge by teaching you data migration process, testing, and validation. By completing the SAP RAR certification course, you will prove your expertise in RAR concepts in your interviews and stand out from the crowd.

    What are the prerequisites required for learning SAP RAR?

    It would be helpful if you had some familiarity with accounting concepts, revenue recognition, and the SAP ERP system. Having an understanding of SAP FI and SAP SD is also a plus.

    What skills will I gain from taking the SAP RAR course?

    By taking the SAP RAR course, you will gain skills in 

    • SAP RAR architecture and connection with other SAP components
    • Contract and revenue accounting knowledge
    • Data migration and system configuration skills
    • Financial reporting and billing/invoicing expertise
    • Business rules framework and data transformation expertise
    • Monitor, transfer, and process revenue accounting items.

    What are the career opportunities for SAP RAR professionals?

    SAP RAR professionals can find career opportunities in various roles, such as 

    • Controller
    • SAP RAR Consultant
    • Revenue Accountant
    • SAP Functional Analyst
    • Business Analyst
    • Financial Analyst
    • Accounting Manager
    • Project Manager
    • Finance Director/VP
    • Revenue Recognition Specialist
    View More
    industry statistic

    Industry Statistics

    Jobs / Month

    105

    Avg. Salary

    $140,669

    Why MindMajix?

    elearning

    10+

    Years of Expertise

    E-Learning Industry

    corporate

    200+

    Corporates

    Global Clients

    courses

    500+

    Courses

    Largest LMS

    learner

    512k+

    Learners

    Careers Upskilled

    Partnering with World's Leading Companies

    MicroSoft
    Ranorex
    EDB
    Datadog
    AWS

    SAP RAR Training FAQs

    • General
    • Self-Paced
    • Online
    • Corporate

    What if I miss the class?

    You can access the recording of the missed class through our LMS. We record each training session and upload it after the session to our LMS which can be accessible to the students.

    I want to complete the training in a few days or a week? Is it possible?

    Yes, we got custom training programs to complete the course as you need.

    What are the system requirements I need to attend online training?

    You need good internet connectivity with a mobile/tab/laptop/system installed with Zoom/Meet.

    How can I access recorded videos of my training sessions?

    You can access the recorded videos through our LMS after every session.

    Do I get any discount on the course?

    Yes, you get two kinds of discounts. They are group discounts and referral discounts.

    • A group discount is offered when you join as a group of three or more.
    • When you are referred by someone already enrolled for training, you receive a referral discount.
    View More
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