How To Fix FINS_REV_REC038 - &1 should not hold a RA key, since higher &2 holds a RA key already

FINS_REV_REC038 - Overview

• Message type: E = Error

• Message class: FINS_REV_REC - Event Based revenue recognition

• Message number: 038

• Message text: &1 should not hold a RA key, since higher &2 holds a RA key already

What causes this issue?

Event based revenue recognition is applied to objects which are related
by a hierarchical structure, like the elements of a project. In this
case it is not supported that two elements of that structure have both a
results analysis key assigned, if one element of these two element is
below the other element.

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?

Remove the results key from the master data of one of these two
elements.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

FINS_REV_REC038 - Details

• The SAP error message FINS_REV_REC038 indicates a conflict in the assignment of Revenue Accounting (RA) keys in the system. Specifically, it suggests that a lower-level item (identified by &1) should not have a RA key assigned because a higher-level item (identified by &2) already has a RA key assigned. This is typically encountered in the context of revenue recognition processes, particularly when dealing with contracts, billing documents, or revenue arrangements.
  
  Cause:
  
  Hierarchy Conflict: The error arises due to a hierarchical relationship where a higher-level item (e.g., a contract or a parent item) already has a RA key assigned, and the system does not allow a lower-level item (e.g., a sub-item or child item) to have its own RA key.
  
  Configuration Issues: There may be configuration settings in the Revenue Accounting module that enforce this rule, preventing multiple RA keys from being assigned within the same hierarchy.
  Data Entry Errors: Incorrect data entry or assignment