How To Fix FQ242 - When creating you cannot assign revenue types and objects

FQ242 - Overview

• Message type: E = Error

• Message class: FQ - Payment Requests and Payment Program

• Message number: 242

• Message text: When creating you cannot assign revenue types and objects

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FQ242 - When creating you cannot assign revenue types and objects ?

  The SAP error message FQ242, which states "When creating you cannot assign revenue types and objects," typically occurs in the context of financial accounting or controlling when there is an issue with the configuration of revenue types or the assignment of revenue objects in the system.
  
  Cause:
  
  
  Configuration Issues: The error often arises due to incorrect or incomplete configuration in the revenue recognition settings. This could involve missing or incorrectly defined revenue types or revenue objects in the system.
  Master Data Issues: The master data for the revenue types or objects may not be set up correctly, leading to inconsistencies when trying to create a transaction.
  Authorization Issues: Sometimes, the user may not have the necessary authorizations to assign certain revenue types or objects.
  Transaction Type Restrictions: Certain transaction types may not allow the assignment of specific revenue types or objects, leading to this error.
  
  
  Solution:
  
  
  Check Configuration:
  
  Go to the configuration settings for revenue recognition in SAP