How To Fix FINS_REV_REC113 - Company &1: ledgergroup &2 intersects with ledgergroup &3

FINS_REV_REC113 - Overview

• Message type: E = Error

• Message class: FINS_REV_REC - Event Based revenue recognition

• Message number: 113

• Message text: Company &1: ledgergroup &2 intersects with ledgergroup &3

What causes this issue?

The two quoted ledger groups share a common ledger. This configuration
cannot be used for event based revenue recognition.

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?

Contact your system administrator.

Procedure for System Administrators

You need to check the assignment of account principles to the ledgers of
the quoted company and you need to check the leger group assignments
which are used in the context of event based revenue recognition.

Error message extract from SAP system. Copyright SAP SE.

FINS_REV_REC113 - Details

• The SAP error message FINS_REV_REC113 indicates a conflict in the configuration of ledger groups in the context of revenue recognition. This error typically arises when there is an intersection of ledger groups that should not occur based on the system's configuration.
  
  Cause:
  The error occurs when:
  
  There are overlapping or conflicting ledger groups defined for a company code in the revenue recognition settings.
  The system is trying to process a transaction that involves multiple ledger groups that are not allowed to intersect according to the configuration rules.
  
  
  Solution:
  To resolve this error, you can follow these steps:
  
  
  Check Ledger Group Configuration:
  
  Go to the configuration settings for revenue recognition in SAP (Transaction code: SPRO).
  Navigate to the relevant path: Financial Accounting (New) > Revenue Recognition > Define Ledger Groups.
  Review the configuration of the ledger groups involved (ledger group &2 and ledger group &3) for company code &1.
  
  
  
  Identify Intersections:
  
  Determine why the ledger groups are intersecting. This could be due to