How To Fix FINS_REV_REC008 - Maintain all accounts for chart of acc. &1 assignment rule/no &2/&3

FINS_REV_REC008 - Overview

• Message type: E = Error

• Message class: FINS_REV_REC - Event Based revenue recognition

• Message number: 008

• Message text: Maintain all accounts for chart of acc. &1 assignment rule/no &2/&3

What causes this issue?

The quoted source assignment and posting rule does not proved all
requested GL accounts.

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?

Contact your system administrator.

Procedure for System Administrators

The system administrator may check and correct the customizing of event
based revenue recognition for the quoted parameter set.

Error message extract from SAP system. Copyright SAP SE.

FINS_REV_REC008 - Details

• The SAP error message FINS_REV_REC008 typically occurs in the context of revenue recognition and is related to the configuration of accounts in the chart of accounts for a specific assignment rule. This error indicates that not all necessary accounts have been maintained for the specified assignment rule in the chart of accounts.
  
  Cause:
  The error is triggered when the system attempts to process a transaction that requires specific accounts to be defined for a particular assignment rule, but those accounts are missing or not properly configured. This can happen due to:
  
  Incomplete Configuration: The necessary accounts for the assignment rule have not been set up in the system.
  Incorrect Assignment Rule: The assignment rule being used does not have the required accounts linked to it.
  Chart of Accounts Issues: The chart of accounts may not have the necessary accounts defined for the specific business area or company code.
  
  
  Solution:
  To resolve the error, you need to ensure