How To Fix FINS_REV_REC036 - &1 &2 in company cd &3 with RA key &4 is not customized

SAP Error Message - Details

• Message type: E = Error

• Message class: FINS_REV_REC - Event Based revenue recognition

• Message number: 036

• Message text: &1 &2 in company cd &3 with RA key &4 is not customized

What causes this issue?

Event based revenue recognition is not customized for the quoted
parameter set.

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?

You may
check whether the correct results analysis key is assigned to the object
for which event based revenue recognition is processed<(>,<)>
check whether the accounting principle / ledger for which the processing
is requested is properly chosen<(>,<)>
or 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.
The following things need to be customized.
Old way of using the accounting principle:
in 'Financial Accounting (New) - Financial Accounting Global Settings
(New) - Ledgers'
the accounting principle needs to be defined in 'Parallel Accounting -
Define Accounting Principles'<(>,<)>
the accounting principle needs to be assigned to a ledger group in
'Parallel Accounting - Assign Accounting Principles to Ledger Groups'<(>
,<)>
the accounting principle needs to be assigned to the company and
representative ledger of the ledger group in 'Ledger - Define Settings
for Ledgers and Currency Types', following the dialog there: 'Ledger -
Company Code Settings for the Ledger - Accounting Principles for Ledger
and Company Code'.
in 'Controlling - Product Cost Controlling - Cost Object Controlling -
Product Cost by Sales Order - Period-End Closing - Event-Based Revenue
Recognition - Maintain Settings for Event-Based Revenue Recognition' or
'Project System - Revenues and Earnings - Automatic and Periodic
Allocations - Event-Based Revenue Recognition'.
the document type following the dialog there: 'Document Type and
Financial Statement Version'<(>,<)>
the recognition key following the dialog there: 'Recognition Keys -
Company Code and Accounting Principle Setting'.
New way of using the accounting principle:
in 'Financial Accounting (New) - Financial Accounting Global Settings
(New) - Ledgers'
the accounting principle needs to be defined in 'Parallel Accounting -
Define Accounting Principles'<(>,<)>
the accounting principle needs to be assigned to the company and ledger
in 'Ledger - Define Settings for Ledgers and Currency Types'
in 'Controlling - Product Cost Controlling - Cost Object Controlling -
Product Cost by Sales Order - Period-End Closing - Event-Based Revenue
Recognition - Maintain Settings for Event-Based Revenue Recognition' or
'Project System - Revenues and Earnings - Automatic and Periodic
Allocations - Event-Based Revenue Recognition'.
the document type following the dialog there: 'Document Type and
Financial Statement Version'<(>,<)>
the recognition key following the dialog there: 'Recognition Keys -
Company Code and Accounting Principle Setting'.
define a ledger to be relevant for revenue recognition in ' Evaluation
scope of Event Based Revenue Recognition'

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FINS_REV_REC036 - &1 &2 in company cd &3 with RA key &4 is not customized ?

  The SAP error message FINS_REV_REC036 typically indicates that there is an issue with the revenue recognition configuration for a specific company code and revenue arrangement (RA) key. This error suggests that the system is unable to find the necessary customization for the specified revenue arrangement key in the given company code.
  Cause:
  
  Missing Customization: The revenue arrangement key specified in the error message is not configured in the system for the given company code. This could happen if the revenue recognition settings were not properly set up during the implementation or if they were inadvertently deleted or not transported correctly.
  Incorrect Configuration: There may be an issue with the configuration settings related to revenue recognition in the SAP system, such as missing entries in the relevant tables or incorrect settings.
  Data Entry Error: The RA key or company code may have been entered incorrectly in the transaction or process that triggered the error.
  
  Solution:
  
  
  Check Customization: 
  
  Go to the SAP Customizing Implementation Guide (IMG) and navigate to the revenue recognition settings.
  Verify that the revenue arrangement key is properly configured for the specified company code.
  If it is missing, you will need to create the necessary configuration for the revenue arrangement key in the relevant company code.
  
  
  
  Create or Adjust Revenue Arrangement:
  
  If the RA key does not exist, you may need to create a new revenue arrangement or adjust the existing one to ensure it is linked to the correct company code.
  Ensure that all required fields and settings are filled out correctly.
  
  
  
  Transport Requests: If the configuration was recently changed or moved from a development environment to production, ensure that the transport requests were completed successfully and that all necessary configurations were included.
  
  
  Consult Documentation: Review SAP documentation or notes related to revenue recognition to ensure that all necessary steps have been followed during configuration.
  
  
  Testing: After making the necessary changes, perform tests to ensure that the error no longer occurs and that revenue recognition processes work as expected.
  
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes such as OBY6 (for company code settings) or FSP0 (for revenue arrangement settings) to access the relevant configuration areas.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance on revenue recognition configuration.
  Support: If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting with an SAP expert who specializes in financial accounting and revenue recognition.
  
  By following these steps, you should be able to identify the cause of the error and implement the necessary solutions to resolve it.