How To Fix FKKVT060 - Provider contract &1, item &2 are not relevant for revenue accounting

FKKVT060 - Overview

• Message type: E = Error

• Message class: FKKVT - Provider Contract

• Message number: 060

• Message text: Provider contract &1, item &2 are not relevant for revenue accounting

What causes this issue?

During the operative load preparation all of the provider contract items
corresponding to the selection conditions that are not yet indicated as
"relevant for Revenue Accounting" are checked for whether they can now
according to the current settings be considered as relevant for Revenue
Accounting.
If it is determined that the contract item is still not considered
relevant for Revenue Accounting, this message is displayed.

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?

If you expect that a contract item mentioned here can be considered as
relevant for Revenue Accounting, check the the settings under
<DS:SIMG._FICARA_FQ0510>Activate Provider Contract Items for Revenue
Accounting</> (Note that the <DS:TRAN.FQEVENT_0558>Event 0558</> is also
evaluated in the context of these settings.)

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 FKKVT060 - Provider contract &1, item &2 are not relevant for revenue accounting ?

  The SAP error message FKKVT060 indicates that a specific provider contract and its associated item are not relevant for revenue accounting. This error typically arises in the context of SAP's Contract Accounts Receivable and Payable (FI-CA) module, particularly when dealing with revenue recognition processes.
  
  Cause:
  
  Contract Configuration: The provider contract may not be configured correctly for revenue accounting. This could be due to missing settings or incorrect assignment of the contract type.
  Item Status: The specific item within the contract may not be set up to be relevant for revenue accounting. This could be due to the item type or status.
  Revenue Recognition Settings: The settings for revenue recognition in the system may not include the specific contract or item.
  Business Rules: There may be business rules or conditions that exclude certain contracts or items from revenue accounting.
  
  
  Solution:
  
  
  Check Contract Configuration:
  
  Review the configuration of the provider contract in the system. Ensure that it is set up