How To Fix FINS_REV_REC_CUST053 - Recognition Key cannot be derived for &1/&2/&3

SAP Error Message - Details

• Message type: E = Error

• Message class: FINS_REV_REC_CUST - Event-Based Rev. Rec.: Customizing

• Message number: 053

• Message text: Recognition Key cannot be derived for &1/&2/&3

What causes this issue?

The system tries to derive a Recognition Key from company code &V1& ,
service document item type &V2& and service product &V3& but there is no
according entry in table FINS_TRR_DRK_CRM.

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?

Maintain a Recognition Key for the above combination of attributes.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FINS_REV_REC_CUST053 - Recognition Key cannot be derived for &1/&2/&3 ?

  The SAP error message FINS_REV_REC_CUST053 indicates that the system is unable to derive a recognition key for the specified parameters (typically related to revenue recognition). This error often occurs in the context of revenue recognition processes, particularly when dealing with contracts, billing documents, or other financial transactions.
  Cause:
  The error can be caused by several factors, including:
  
  
  Missing Configuration: The recognition key may not be properly configured in the system. This could be due to missing entries in the relevant customizing tables or settings related to revenue recognition.
  
  
  Incorrect Data: The data provided in the parameters (&1, &2, &3) may be incorrect or incomplete. This could include missing or invalid contract numbers, billing document numbers, or other identifiers.
  
  
  Inconsistent Status: The status of the document or transaction may not allow for revenue recognition. For example, if the document is not fully processed or is in a status that does not permit recognition.
  
  
  Missing Master Data: Required master data (such as customer master data, contract master data, etc.) may be missing or incomplete.
  
  
  Solution:
  To resolve the error, you can take the following steps:
  
  
  Check Configuration:
  
  Review the configuration settings for revenue recognition in the SAP system. Ensure that all necessary settings are in place and that the recognition key derivation rules are correctly defined.
  
  
  
  Validate Input Data:
  
  Verify the parameters (&1, &2, &3) being used in the transaction. Ensure that they are correct and correspond to valid entries in the system.
  
  
  
  Review Document Status:
  
  Check the status of the document or transaction that is causing the error. Ensure that it is in a state that allows for revenue recognition.
  
  
  
  Check Master Data:
  
  Ensure that all required master data is complete and correctly maintained. This includes customer data, contract data, and any other relevant information.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or notes related to revenue recognition for any specific guidance or known issues that may pertain to your situation.
  
  
  
  Debugging:
  
  If you have access to technical resources, consider debugging the process to identify where the recognition key derivation is failing.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the above points, consider reaching out to SAP support for further assistance. Provide them with the error message details and any relevant transaction data.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes related to revenue recognition, such as FBL1N (Vendor Line Item Display), FBL3N (G/L Account Line Item Display), or VF03 (Display Billing Document).
  SAP Notes: Search for SAP Notes related to the error message FINS_REV_REC_CUST053 in the SAP Support Portal for any patches or updates that may address the issue.
  Training and Documentation: Consider reviewing SAP training materials or documentation on revenue recognition processes to better understand the underlying mechanisms and configurations.
  
  By following these steps, you should be able to identify and resolve the issue causing the FINS_REV_REC_CUST053 error message in your SAP system.