How To Fix FINS_REV_REC061 - &2: zero planned quantity does not suit revenue recognition method '&1'

FINS_REV_REC061 - Overview

• Message type: E = Error

• Message class: FINS_REV_REC - Event Based revenue recognition

• Message number: 061

• Message text: &2: zero planned quantity does not suit revenue recognition method '&1'

What causes this issue?

The method which is used for revenue recognition needs a planned
delivery quantity in order to function.

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?

Please maintain suitable a planned delivery quantity for the quoted
object.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

FINS_REV_REC061 - Details

• The SAP error message FINS_REV_REC061 indicates that there is a mismatch between the planned quantity and the revenue recognition method being used in the system. Specifically, it states that a zero planned quantity does not align with the specified revenue recognition method.
  
  Cause:
  
  Zero Planned Quantity: The primary cause of this error is that the planned quantity for a revenue recognition item is set to zero. This can happen if the item is not properly configured or if there is an issue with the data entry.
  Incompatible Revenue Recognition Method: The revenue recognition method being used may require a non-zero planned quantity to function correctly. For example, certain methods may expect that there is a quantifiable deliverable associated with the revenue being recognized.
  
  
  Solution:
  
  Check Planned Quantity: Review the planned quantity for the relevant revenue recognition item. Ensure that it is set to a non-zero value if the revenue recognition method requires it.
  Review Revenue Recognition