How To Fix FINS_REV_REC014 - Revenue recognition method &1 does not support value usage &2

SAP Error Message - Details

• Message type: E = Error

• Message class: FINS_REV_REC - Event Based revenue recognition

• Message number: 014

• Message text: Revenue recognition method &1 does not support value usage &2

What causes this issue?

The valuation rule for the company code and accounting principle
settings provide a revenue recognition method and an assignment rule.
The assignment rule of the source assignment and posting rule provides a
list of usages. The quoted revenue recognition method does not support
the quoted value usage.

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.

Smart SAP Assistant

• What is the cause and solution for SAP error message FINS_REV_REC014 - Revenue recognition method &1 does not support value usage &2 ?

  The SAP error message FINS_REV_REC014 indicates that there is an issue with the revenue recognition method being used in your SAP system. Specifically, it states that the revenue recognition method you are trying to use does not support the specified value usage.
  Cause:
  This error typically arises due to one of the following reasons:
  
  
  Incompatible Revenue Recognition Method: The revenue recognition method assigned to the transaction or document does not support the type of value usage (e.g., revenue, cost, etc.) that you are trying to apply.
  
  
  Configuration Issues: The configuration settings for the revenue recognition method may not be set up correctly in the system. This could include missing or incorrect settings in the revenue recognition configuration.
  
  
  Document Type Restrictions: Certain document types may have restrictions on which revenue recognition methods can be used.
  
  
  Value Usage Mismatch: The value usage specified in the transaction does not match the expected value usage for the selected revenue recognition method.
  
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Revenue Recognition Method:
  
  Verify the revenue recognition method assigned to the document or transaction. Ensure that it is appropriate for the type of transaction you are processing.
  
  
  
  Review Configuration:
  
  Go to the configuration settings for revenue recognition in SAP (Transaction code: SPRO).
  Navigate to the relevant section for revenue recognition methods and check if the method supports the value usage you are trying to apply.
  
  
  
  Adjust Value Usage:
  
  If possible, adjust the value usage in the transaction to match one that is supported by the revenue recognition method.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help files related to revenue recognition methods to understand the supported value usages for the method you are using.
  
  
  
  Test with Different Scenarios:
  
  If you have access to a test environment, try using different revenue recognition methods or value usages to identify a combination that works.
  
  
  
  Seek Help from SAP Support:
  
  If the issue persists, consider reaching out to SAP support or your internal SAP team for further assistance. They may be able to provide insights based on your specific configuration and usage.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FBL1N, FBL3N, or FBL5N for reviewing line items and understanding the context of the error.
  SAP Notes: Check for any SAP Notes related to revenue recognition methods and the specific error message for potential fixes or updates.
  Training and Documentation: Ensure that users involved in revenue recognition processes are trained on the correct methods and configurations to avoid similar issues in the future.
  
  By following these steps, you should be able to identify the root cause of the error and implement a solution to resolve it.