How To Fix CRM_PRODUCT_FINANCE021 - There is no entry for accounting principle &1

CRM_PRODUCT_FINANCE021 - Overview

• Message type: E = Error

• Message class: CRM_PRODUCT_FINANCE - Message Class for CRM_PRODUCT_FINANCE Development Class

• Message number: 021

• Message text: There is no entry for accounting principle &1

What causes this issue?

In Customizing table CRMC_ACE_ACCR, no entry is maintained for
accounting principle &v1&.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Make the missing entry, or enter a valid value.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message CRM_PRODUCT_FINANCE021 - There is no entry for accounting principle &1 ?

  The SAP error message CRM_PRODUCT_FINANCE021 indicates that there is no entry for the specified accounting principle in the system. This error typically arises in the context of product management and financial accounting within the SAP Customer Relationship Management (CRM) module.
  
  Cause:
  
  Missing Configuration: The accounting principle specified in the error message has not been defined in the system. This could be due to a lack of configuration in the financial settings.
  Incorrect Data Entry: The accounting principle might have been incorrectly entered or referenced in the transaction or configuration.
  Master Data Issues: The product or financial data associated with the accounting principle may not be properly maintained or may be missing.
  
  
  Solution:
  
  
  Check Configuration:
  
  Go to the configuration settings for financial accounting in SAP.
  Ensure that the accounting principle in question is defined and properly configured.
  You can check this in the transaction code SPRO (SAP Project Reference Object) and navigate to the relevant path for financial accounting.
  
  
  
  Maintain Accounting