How To Fix FINS_REV_REC024 - &1&2 is not in scope (found at &3&4)

FINS_REV_REC024 - Overview

• Message type: E = Error

• Message class: FINS_REV_REC - Event Based revenue recognition

• Message number: 024

• Message text: &1&2 is not in scope (found at &3&4)

What causes this issue?

Until now the related piece of functionality was not in scope of
development.

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

Error message extract from SAP system. Copyright SAP SE.

FINS_REV_REC024 - Details

• The SAP error message FINS_REV_REC024 typically relates to revenue recognition and indicates that a specific item or element is not in the scope of the revenue recognition process. This error can occur in various scenarios, particularly when dealing with revenue recognition for contracts or projects.
  
  Cause:
  The error message FINS_REV_REC024 can be triggered by several factors, including:
  
  Incorrect Configuration: The revenue recognition settings may not be properly configured for the specific item or project.
  Missing Master Data: The relevant master data (such as contracts, projects, or items) may not be set up correctly or may be missing.
  Scope Definition: The item or element referenced in the error message is not included in the defined scope for revenue recognition.
  Document Type Issues: The document type used may not be compatible with the revenue recognition process.
  Status of the Document: The document may be in a status that does not allow for revenue recognition.
  
  
  Solution:
  To resolve the error FINS_REV_REC024, you