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

SAP Error Message - Details

• 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.

Smart SAP Assistant

• What is the cause and solution for SAP error message FINS_REV_REC037 - Re-evaluation requested for &1 and ledger &3 / accounting principle &2 ?

  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 configuration for the accounting principles and ledgers is correct. This includes verifying that the necessary settings for revenue recognition are in place.
  Review Data: Check the data associated with the revenue recognition item for any inconsistencies or missing information. This may involve reviewing the relevant tables and entries.
  Unlock Documents: If the document is locked, you may need to unlock it or wait until the lock is released before attempting the re-evaluation again.
  Verify Authorizations: Ensure that the user attempting the re-evaluation has the necessary authorizations to perform the action.
  Check Parameters: Review the parameters set for the re-evaluation process to ensure they are correct and align with the requirements of the accounting principles and ledgers.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FBL1N (Vendor Line Item Display), FBL3N (G/L Account Line Item Display), or FBL5N (Customer Line Item Display) to review related financial documents.
  SAP Notes: Check for any SAP Notes related to this error message, as they may provide specific fixes or updates that address known issues.
  Documentation: Refer to SAP documentation on revenue recognition and accounting principles for detailed guidance on configuration and processes.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or reach out to SAP support for further assistance.