How To Fix FINS_REV_REC030 - For execution type 'Calculate' use the principal currency-display

SAP Error Message - Details

• Message type: E = Error

• Message class: FINS_REV_REC - Event Based revenue recognition

• Message number: 030

• Message text: For execution type 'Calculate' use the principal currency-display

What causes this issue?

The calculation of event based revenue recognition is requested, but the
chosen displayed currency is different from the principal currency of
revenue recognition.

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?

In case of a calculation you need to choose the principal currency as
displayed currency, since for event based revenue recognition the
re-evaluation is done in its principal currency always.
If the term 'principal currency' is turned off, the company code
currency takes the role of the principal currency.

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 FINS_REV_REC030 - For execution type 'Calculate' use the principal currency-display ?

  The SAP error message FINS_REV_REC030 typically occurs in the context of revenue recognition processes, particularly when dealing with the execution type 'Calculate'. This error indicates that the system expects the principal currency to be displayed for the calculation process.
  Cause:
  The error is generally caused by one of the following issues:
  
  
  Currency Configuration: The system is not set up to display the principal currency for the relevant transaction or report. This can happen if the currency settings in the configuration are not aligned with the requirements of the revenue recognition process.
  
  
  Missing Data: There may be missing or incorrect data in the relevant master data or transaction data that prevents the system from executing the calculation correctly.
  
  
  User Settings: The user settings or parameters may not be configured to display the principal currency, leading to this error during execution.
  
  
  Solution:
  To resolve the error, you can take the following steps:
  
  
  Check Currency Settings:
  
  Go to the configuration settings for revenue recognition in SAP.
  Ensure that the principal currency is correctly defined and that the system is set to display it during calculations.
  
  
  
  Review Master Data:
  
  Check the master data related to the revenue recognition process (e.g., customer master, contract master) to ensure that all necessary currency information is correctly maintained.
  
  
  
  User Profile Settings:
  
  Verify the user profile settings to ensure that the principal currency display option is enabled. This can usually be done in the user settings or profile configuration.
  
  
  
  Transaction Data Review:
  
  Review the specific transaction data that is causing the error. Ensure that all required fields are filled out correctly and that the currency information is accurate.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance on the FINS_REV_REC030 error and any additional configuration steps that may be necessary.
  
  
  
  SAP Notes:
  
  Check for any relevant SAP Notes that may address this specific error. Sometimes, SAP releases patches or notes that provide solutions for known issues.
  
  
  
  Testing:
  
  After making the necessary changes, perform a test run of the revenue recognition calculation to ensure that the error has been resolved.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as F.81 (Revenue Recognition) or F.2A (Revenue Recognition - Display) to navigate through the revenue recognition processes.
  SAP Community: Engage with the SAP Community forums for insights from other users who may have encountered and resolved similar issues.
  Training and Documentation: Consider reviewing SAP training materials or documentation related to revenue recognition and currency management for a deeper understanding of the processes involved.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a technical consultant who specializes in SAP Financials.