How To Fix FINS_REV_REC051 - Please assign a DIP profile for resource-related billing to SD item &1-&2

FINS_REV_REC051 - Overview

• Message type: E = Error

• Message class: FINS_REV_REC - Event Based revenue recognition

• Message number: 051

• Message text: Please assign a DIP profile for resource-related billing to SD item &1-&2

What causes this issue?

The results analysis key assigned to the object for which event-based
revenue recognition is calculated recognizes revenue on a time and
material basis or with resource-related sales price simulation. This is
determined by the event-based revenue recognition method of the company
code and accounting principle settings of the results analysis key. The
indicated sales order item is assigned to the object for which
event-based revenue recognition is calculated, but it lacks a DIP
profile for resource-related billing, which is needed for such a revenue
recognition method.

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?

Assign a DIP profile to the indicated sales order item, or check whether
the correct sales order item is involved.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

FINS_REV_REC051 - Details

• The SAP error message FINS_REV_REC051 indicates that there is an issue with the assignment of a DIP (Dynamic Item Profile) for resource-related billing in the context of Sales and Distribution (SD) items. This error typically arises when the system expects a DIP profile to be assigned to a specific SD item, but it is missing or not configured correctly.
  
  Cause:
  
  Missing DIP Profile: The SD item in question does not have a DIP profile assigned, which is necessary for resource-related billing.
  
  Configuration Issues: The DIP profile may not be properly configured in the system, or the relevant settings may not be activated.
  Incorrect Item Category: The item category used in the sales document may not be compatible with resource-related billing, which requires a DIP profile.
  Master Data Issues: The master data for the material or service may not be set up correctly to support resource-related billing.
  
  
  Solution:
  
  
  Assign a DIP Profile:
  
  Go to the relevant SD item in