How To Fix FQ770 - The revenue type entered & is not possible

FQ770 - Overview

• Message type: E = Error

• Message class: FQ - Payment Requests and Payment Program

• Message number: 770

• Message text: The revenue type entered & is not possible

What causes this issue?

The entered revenue type &V1& is irreconcilable with the FM account
assignment from the earmarked funds.

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?

Processing would be possible if you either enter a suitable revenue
type or if you mark the FM account assignment in the earmarked funds
as "Account assignment changeable".

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FQ770 - The revenue type entered & is not possible ?

  The SAP error message FQ770, which states "The revenue type entered & is not possible," typically occurs in the context of revenue recognition and billing processes within SAP. This error indicates that the revenue type you are trying to use is not valid for the current transaction or context.
  Causes:
  
  Invalid Revenue Type: The revenue type you are trying to enter may not be defined in the system or may not be allowed for the specific transaction.
  
  Configuration Issues: The revenue type may not be properly configured in the system settings, such as in the revenue recognition configuration.
  Transaction Context: The revenue type may not be applicable for the specific document type or business process you are working with.
  Authorization Issues: The user may not have the necessary authorizations to use the specified revenue type.
  
  Solutions:
  
  
  Check Revenue Type Configuration:
  
  Go to the configuration settings in SAP (Transaction SPRO) and navigate to the relevant area for revenue recognition.
  Ensure