How To Fix FQ470 - Enter a revenue type

SAP Error Message - Details

• Message type: E = Error

• Message class: FQ - Payment Requests and Payment Program

• Message number: 470

• Message text: Enter a revenue type

What causes this issue?

In <zk>Funds Management Government</> Customizing, you defined that
revenue types are used for requests in the step <ds>Maintain global
settings</>. You must therefore enter a revenue type with the posting
information for the small amount ruling.

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?

Enter a revenue type.

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 FQ470 - Enter a revenue type ?

  The SAP error message FQ470, which states "Enter a revenue type," typically occurs in the context of financial transactions, particularly when dealing with revenue recognition in SAP's Financial Accounting (FI) or Controlling (CO) modules. This error indicates that the system requires a revenue type to be specified for the transaction you are trying to process.
  Cause:
  
  Missing Revenue Type: The most common cause of this error is that the revenue type field is left blank when it is required for the transaction.
  Configuration Issues: There may be configuration settings in the system that require a revenue type to be defined for certain types of transactions.
  Transaction Type: The specific transaction type you are trying to execute may mandate a revenue type, and if it is not provided, the system will throw this error.
  
  Solution:
  
  Enter a Revenue Type: The immediate solution is to ensure that you enter a valid revenue type in the relevant field before proceeding with the transaction. Check the documentation or configuration to understand which revenue types are valid for your transaction.
  Check Configuration: If you are unsure about which revenue types are available, you may need to consult with your SAP configuration team or check the configuration settings in the system. This can usually be done in the SPRO transaction under the relevant financial module settings.
  Review Transaction Type: Ensure that the transaction type you are using is appropriate for the revenue type you are trying to enter. If necessary, adjust the transaction type or select a different one that aligns with your revenue recognition needs.
  User Authorization: Ensure that you have the necessary authorizations to enter or modify revenue types in the system.
  
  Related Information:
  
  SAP Documentation: Refer to the official SAP documentation for detailed information on revenue types and their configuration.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as F-02 (General Posting), FB50 (G/L Account Document Entry), or others that may be relevant to your financial processes.
  Support: If the issue persists after trying the above solutions, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  By addressing the missing revenue type and ensuring proper configuration, you should be able to resolve the FQ470 error and proceed with your financial transactions in SAP.