How To Fix FINS_REV_REC119 - Plan revenues from sales document item lack; check condition types &1

SAP Error Message - Details

• Message type: E = Error

• Message class: FINS_REV_REC - Event Based revenue recognition

• Message number: 119

• Message text: Plan revenues from sales document item lack; check condition types &1

What causes this issue?

The system did not detect any plan revenues from the sales document item
conditions. Their condition types are used assigning sources for revenue
recognition processing. Either the condition amounts equal zero or there
are condition types which are not assigned to a source in the
customizing of revenue recognition. The following condition types are
not assigned: {&V1&}. If there are no unassigned condition types it is
very likely, that condition amounts equal zero.

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?

In the case that the condition amounts equal zero, please check your
customer project or sales order. In case that there are unassigned
condition types, please contact your system administrator.

Procedure for System Administrators

In case that there are unassigned condition types, please check whether
the quoted condition types need to be assigned to a source in the
customizing of revenue recognition.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FINS_REV_REC119 - Plan revenues from sales document item lack; check condition types &1 ?

  The SAP error message FINS_REV_REC119 indicates that there is an issue with planning revenues from a sales document item. Specifically, it suggests that the system cannot find the necessary data to plan revenues, which may be due to missing or incorrectly configured condition types.
  Cause:
  
  Missing Condition Types: The sales document item may not have the required condition types set up for revenue recognition.
  Incorrect Configuration: The condition types may not be properly configured in the system, leading to the inability to derive revenue from the sales document.
  Sales Document Item Status: The status of the sales document item may not allow for revenue planning (e.g., it may be in a draft state or not fully processed).
  Data Inconsistencies: There may be inconsistencies in the data related to the sales document or the associated revenue recognition settings.
  
  Solution:
  
  
  Check Condition Types:
  
  Go to the sales document item in question and check the condition types assigned to it.
  Ensure that the necessary condition types for revenue recognition are present and correctly configured.
  
  
  
  Review Configuration:
  
  Access the configuration settings for revenue recognition in SAP (transaction code SPRO).
  Navigate to the relevant sections for condition types and ensure they are set up correctly for the sales document type you are using.
  
  
  
  Validate Sales Document:
  
  Check the status of the sales document item. Ensure it is complete and ready for processing.
  If the document is in a draft state, complete it and save the changes.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources related to revenue recognition and condition types to ensure compliance with best practices.
  
  
  
  Testing:
  
  After making the necessary adjustments, test the revenue planning process again to see if the error persists.
  
  
  
  Consult with SAP Support:
  
  If the issue continues after checking the above points, consider reaching out to SAP support for further assistance. They may provide insights specific to your system configuration.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as VA01 (Create Sales Order), VA02 (Change Sales Order), and SPRO (Customizing).
  Revenue Recognition: Understand the principles of revenue recognition in SAP, including the different methods and how they relate to sales documents.
  Condition Types: Learn about condition types in SAP, how they are defined, and their role in pricing and revenue recognition.
  
  By following these steps, you should be able to identify and resolve the issue related to the FINS_REV_REC119 error message.