How To Fix FINS_REV_REC052 - Maintain deferral account for AsgnRule &1, Chrt/Accts &2 and usage &4

FINS_REV_REC052 - Overview

• Message type: E = Error

• Message class: FINS_REV_REC - Event Based revenue recognition

• Message number: 052

• Message text: Maintain deferral account for AsgnRule &1, Chrt/Accts &2 and usage &4

What causes this issue?

For the assignment rule &V1& in chart of accounts &V2&, the line with
assignment source &V3& and usage &V4& does not provide a B/S account for
deferrals.

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
objectfor which event-based revenue recognition is processed
check whether the accounting principle for which the processing is
requested is properly selected
or contact your system administrator

Procedure for System Administrators

The system administrator may check and correct the missing account in
the customizing of event-based revenue recognition for the indicated
parameter set.

Error message extract from SAP system. Copyright SAP SE.

FINS_REV_REC052 - Details

• The SAP error message FINS_REV_REC052 indicates that there is an issue with the configuration of a deferral account in the context of revenue recognition. This error typically arises when the system cannot find a valid deferral account for a specific assignment rule, chart of accounts, and usage.
  
  Cause:
  The error can occur due to several reasons:
  
  Missing Configuration: The deferral account for the specified assignment rule and chart of accounts has not been maintained in the system.
  Incorrect Assignment Rule: The assignment rule being used may not be correctly set up or may not correspond to the expected configuration.
  Chart of Accounts Issues: The chart of accounts specified may not have the necessary deferral account configured.
  Usage Not Defined: The usage specified in the error message may not have a corresponding deferral account defined.
  
  
  Solution:
  To resolve this error, you can follow these steps:
  
  
  Check Configuration:
  
  Go to the configuration settings for revenue recognition in SAP.
  Navigate to the section where