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

SAP Error Message - Details

• 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.

Smart SAP Assistant

• What is the cause and solution for SAP error message FINS_REV_REC052 - Maintain deferral account for AsgnRule &1, Chrt/Accts &2 and usage &4 ?

  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 deferral accounts are maintained (usually under Financial Accounting or Revenue Recognition settings).
  Ensure that a deferral account is defined for the specified assignment rule, chart of accounts, and usage.
  
  
  
  Maintain Deferral Account:
  
  If the deferral account is missing, create a new entry for the deferral account with the correct assignment rule, chart of accounts, and usage.
  Ensure that the account type is appropriate for deferral purposes (e.g., a balance sheet account).
  
  
  
  Review Assignment Rules:
  
  Check the assignment rules to ensure they are correctly defined and correspond to the business processes you are implementing.
  Make any necessary adjustments to the assignment rules to ensure they align with the deferral account configuration.
  
  
  
  Test the Configuration:
  
  After making the necessary changes, test the configuration by attempting to execute the transaction that previously resulted in the error.
  Verify that the error no longer appears and that the revenue recognition process works as expected.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for additional guidance on configuring deferral accounts and revenue recognition settings.
  
  
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes such as OBY6 (for maintaining the chart of accounts) or FSP0 (for maintaining account groups) to access the relevant configuration settings.
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to this error message or provide additional troubleshooting steps.
  Support: If the issue persists after following the above steps, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  By following these steps, you should be able to resolve the FINS_REV_REC052 error and ensure that your deferral accounts are correctly configured for revenue recognition processes.