How To Fix FQ116 - No forecast of revenue specified

SAP Error Message - Details

• Message type: E = Error

• Message class: FQ - Payment Requests and Payment Program

• Message number: 116

• Message text: No forecast of revenue specified

What causes this issue?

You have not specified a forecast of revenue.

System Response

This specification is required for further processing.

How to fix this error?

Enter the document number for a forecast of revenue.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FQ116 - No forecast of revenue specified ?

  The SAP error message FQ116 "No forecast of revenue specified" typically occurs in the context of financial planning and forecasting within the SAP system, particularly when dealing with revenue recognition and project management. This error indicates that the system is unable to find a forecast for revenue that is required for processing a transaction or report.
  Causes:
  
  Missing Revenue Forecast: The most common cause is that there is no revenue forecast defined for the relevant project or contract in the system.
  Incorrect Configuration: The configuration settings for revenue recognition or forecasting may not be set up correctly.
  Data Entry Issues: There may be missing or incorrect entries in the relevant master data or transaction data.
  Project Status: The project or contract may be in a status that does not allow for revenue forecasting.
  
  Solutions:
  
  
  Define Revenue Forecast:
  
  Navigate to the relevant project or contract in the SAP system.
  Ensure that a revenue forecast is defined. This can typically be done in the project management or contract management module.
  Enter the necessary forecast data, including expected revenue amounts and timelines.
  
  
  
  Check Configuration:
  
  Review the configuration settings for revenue recognition and forecasting in the SAP system.
  Ensure that all necessary settings are correctly configured to allow for revenue forecasting.
  
  
  
  Review Master Data:
  
  Check the master data for the project or contract to ensure that all required fields are filled out correctly.
  Look for any missing entries that may be causing the error.
  
  
  
  Project Status:
  
  Verify the status of the project or contract. If it is not in a status that allows for revenue forecasting, consider changing the status or consulting with a project manager.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance on revenue forecasting and the FQ116 error message.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as CJ20N (Project Builder), CJ02 (Change Project), or others related to project management and revenue recognition.
  SAP Notes: Check SAP Notes for any known issues or patches related to the FQ116 error message.
  User Roles and Authorizations: Ensure that the user has the necessary roles and authorizations to create or modify revenue forecasts.
  
  If the issue persists after trying the above solutions, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in financial modules.