How To Fix FINS_REV_REC058 - Please choose a RA key where the assignment rules are compatible

SAP Error Message - Details

• Message type: E = Error

• Message class: FINS_REV_REC - Event Based revenue recognition

• Message number: 058

• Message text: Please choose a RA key where the assignment rules are compatible

What causes this issue?

You changed the current RA key for event based revenue recognition by
another RA key for event based revenue recognition. In the case that the
balance of some accounts of event based revenue recognition does not
equal zero, the assignment rules of the new RA key needs to be
compatible with the assignment rules of the old RA key.
The assignment rules are compatible, if for each accounting principle
the assignment rules of the current RA key and the new RA key are the
same.

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 you may remove the balance of the accounts of event based
revenue recognition for the current object<(>,<)>
or contact your system administrator.

Procedure for System Administrators

You find the customizing in the IMG or for direct access you may use the
transaction SM34 for the view cluster FINS_TRR.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FINS_REV_REC058 - Please choose a RA key where the assignment rules are compatible ?

  The SAP error message FINS_REV_REC058 indicates that there is an issue with the Revenue Recognition (RA) key you are trying to use in your transaction. Specifically, it suggests that the assignment rules for the selected RA key are not compatible with the data or conditions of the transaction you are attempting to process.
  Cause:
  
  Incompatible RA Key: The RA key you selected may not be compatible with the specific conditions of the transaction, such as the type of revenue recognition method or the accounting principles being applied.
  Configuration Issues: There may be configuration settings in the system that do not align with the RA key you are trying to use. This could include settings related to the assignment rules for revenue recognition.
  Missing or Incorrect Assignment Rules: The assignment rules for the RA key may not be properly defined or may be missing altogether, leading to incompatibility with the transaction data.
  
  Solution:
  
  
  Check RA Key Configuration: Review the configuration of the RA key you are trying to use. Ensure that it is set up correctly and that the assignment rules are defined properly.
  
  Navigate to the configuration settings for Revenue Recognition in SAP (usually found in the SPRO transaction under Financial Accounting).
  Verify that the assignment rules for the RA key are compatible with the transaction type you are processing.
  
  
  
  Select a Compatible RA Key: If the current RA key is not suitable, try selecting a different RA key that is compatible with the transaction. You may need to consult with your finance or accounting team to determine which RA key is appropriate.
  
  
  Review Transaction Data: Ensure that the data you are entering in the transaction aligns with the requirements of the RA key. This includes checking the accounting principles, revenue recognition methods, and any other relevant parameters.
  
  
  Consult Documentation: Refer to SAP documentation or help resources for guidance on the specific RA keys and their assignment rules. This can provide insights into which keys are compatible with your transaction.
  
  
  Seek Support: If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting with an SAP expert who can provide assistance in troubleshooting the error.
  
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error message or provide additional guidance on configuring RA keys and assignment rules.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as:
  
  SPRO: For configuration settings.
  FBL1N: For vendor line items, if applicable.
  FBL3N: For G/L account line items, if applicable.
  
  
  Training and Documentation: Consider training sessions or documentation on Revenue Recognition in SAP to better understand how to configure and use RA keys effectively.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.