How To Fix FINS_REV_REC095 - Maintain plan revenues suitable for &2 using billable det. method '&1'

FINS_REV_REC095 - Overview

• Message type: E = Error

• Message class: FINS_REV_REC - Event Based revenue recognition

• Message number: 095

• Message text: Maintain plan revenues suitable for &2 using billable det. method '&1'

What causes this issue?

The billable determination method which is used for revenue recognition
needs plan revenues 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 plan revenues for the quoted object.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

FINS_REV_REC095 - Details

• The SAP error message FINS_REV_REC095 typically occurs in the context of revenue recognition and indicates that there is an issue with the configuration of plan revenues for a specific revenue recognition method. The message suggests that the system is unable to find suitable plan revenues for the specified billing determination method.
  
  Cause:
  
  Missing Configuration: The error often arises when the plan revenues are not properly maintained for the specified billing determination method in the system.
  Incorrect Billing Method: The billing determination method specified may not be compatible with the revenue recognition method being used.
  Data Inconsistency: There may be inconsistencies or missing entries in the configuration tables related to revenue recognition.
  
  
  Solution:
  
  
  Check Configuration:
  
  Navigate to the configuration settings for revenue recognition in SAP (Transaction code: SPRO).
  Ensure that the plan revenues are maintained for the specified billing determination method.
  Verify that the revenue recognition method is correctly assigned to the relevant billing type.
  
  
  
  Maintain Plan Revenues:
  
  Go to the relevant