How To Fix FINS_REV_REC037 - Re-evaluation requested for &1 and ledger &3 / accounting principle &2

FINS_REV_REC037 - Overview

• Message type: E = Error

• Message class: FINS_REV_REC - Event Based revenue recognition

• Message number: 037

• Message text: Re-evaluation requested for &1 and ledger &3 / accounting principle &2

What causes this issue?

A re-evaluation request recalculates the recognition values for the
selected object. Re-evaluation requests are created for example:
In case of errors during the closing run
If real-time processing of a source document would require a long
runtime
If real-time processing of an event without a source document would
require a long runtime
For manually created requests

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?

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

FINS_REV_REC037 - Details

• The SAP error message FINS_REV_REC037 typically occurs in the context of revenue recognition and re-evaluation processes. This error indicates that a re-evaluation has been requested for a specific revenue recognition item, but there are issues preventing the process from completing successfully.
  
  Cause:
  The error can arise due to several reasons, including:
  
  Missing Configuration: The system may not be properly configured for the accounting principles or ledgers involved.
  Data Inconsistencies: There may be inconsistencies in the data related to the revenue recognition item, such as missing or incorrect entries in the relevant tables.
  Locked Documents: The document may be locked for editing or processing, preventing the re-evaluation from taking place.
  Authorization Issues: The user may not have the necessary authorizations to perform the re-evaluation.
  Incorrect Parameters: The parameters set for the re-evaluation process may not align with the requirements of the accounting principles or ledgers.
  
  
  Solution:
  To resolve the error, you can take the following steps:
  
  Check Configuration: Ensure that the