How To Fix FINS_REV_REC055 - Maintain non-operating account for AsgnRule &1, Chrt/Accts &2, usage &4

SAP Error Message - Details

• Message type: E = Error

• Message class: FINS_REV_REC - Event Based revenue recognition

• Message number: 055

• Message text: Maintain non-operating account for AsgnRule &1, Chrt/Accts &2, 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 non-operating
I/S account.

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 object
for 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_REC055 - Maintain non-operating account for AsgnRule &1, Chrt/Accts &2, usage &4 ?

  The SAP error message FINS_REV_REC055 indicates that there is a missing configuration for a non-operating account in the context of revenue recognition. This error typically arises when the system is trying to process a revenue recognition assignment rule, but it cannot find the necessary non-operating account for the specified assignment rule and chart of accounts.
  Cause:
  The error is caused by the absence of a non-operating account for the specified assignment rule and chart of accounts in the configuration settings. This can happen if:
  
  The non-operating account has not been defined in the system.
  The assignment rule is not properly configured to link to a non-operating account.
  The chart of accounts does not have the necessary account settings.
  
  Solution:
  To resolve this error, you need to maintain the non-operating account for the specified assignment rule and chart of accounts. Here are the steps to do this:
  
  
  Access the Configuration:
  
  Go to the SAP Easy Access screen.
  Navigate to the following path: 
  SPRO -> SAP Reference IMG -> Financial Accounting (New) -> Revenue Recognition -> Define Non-Operating Accounts
  
  
  
  
  Maintain Non-Operating Account:
  
  In the configuration screen, look for the option to maintain non-operating accounts.
  Enter the assignment rule (&1), chart of accounts (&2), and usage (&4) as specified in the error message.
  Assign the appropriate non-operating account to the assignment rule.
  
  
  
  Save Changes:
  
  After entering the necessary information, save your changes.
  
  
  
  Test the Configuration:
  
  After making the changes, try to execute the transaction that caused the error again to ensure that the issue has been resolved.
  
  
  
  Related Information:
  
  Assignment Rules: These are used in revenue recognition to determine how revenue is recognized based on the conditions set in the system.
  Non-Operating Accounts: These accounts are used for transactions that do not directly relate to the core operations of the business, such as interest income or expense.
  Chart of Accounts: This is a listing of all accounts used by an organization in its general ledger, which is crucial for financial reporting.
  
  If the issue persists after following these steps, it may be necessary to check for additional configuration settings or consult with your SAP support team for further assistance.