How To Fix FINS_REV_REC034 - No authority for changing data of accounting principle &1

SAP Error Message - Details

• Message type: E = Error

• Message class: FINS_REV_REC - Event Based revenue recognition

• Message number: 034

• Message text: No authority for changing data of accounting principle &1

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FINS_REV_REC034 - No authority for changing data of accounting principle &1 ?

  Cause:
  The SAP error message FINS_REV_REC034 occurs when a user does not have the necessary authorization to change the data of an accounting principle.
  Solution:
  To resolve this error, the user needs to be granted the appropriate authorization to change the data of the accounting principle. This can be done by the system administrator or the person responsible for user authorizations.
  Related Information:
  
  
  Accounting Principles in SAP: Accounting principles define the rules and guidelines for financial accounting in an organization. They determine how financial transactions are recorded, classified, and reported.
  
  
  SAP Authorization Concept: SAP has a comprehensive authorization concept that allows system administrators to control user access to various functions and data within the system. This concept ensures that users only have access to the data and functions they need to perform their job responsibilities.
  
  
  SAP Role-Based Authorizations: SAP uses role-based authorizations, where users are assigned specific roles that determine their access rights. Roles are created based on job responsibilities and include a set of authorizations required to perform those responsibilities.
  
  
  SAP Authorization Objects: Authorization objects are used to control access to specific SAP transactions, programs, or data. They are grouped into authorization classes and are assigned to roles to define the level of access a user has.
  
  
  SAP Authorization Profiles: Authorization profiles are created by combining authorization objects and values. They are assigned to roles and determine the specific authorizations granted to users.
  
  
  SAP Authorization Maintenance: Authorization maintenance is performed by system administrators or authorized personnel. It involves creating and maintaining roles, authorization objects, profiles, and assigning them to users based on their job requirements.
  
  
  It is important to note that the specific steps to resolve the FINS_REV_REC034 error may vary depending on the SAP system version and the organization's authorization setup. It is recommended to consult with the system administrator or SAP support for detailed guidance on resolving this error.