How To Fix PFM_1370 - Correct the posting key. A revenue account must be specified

PFM_1370 - Overview

• Message type: E = Error

• Message class: PFM_1 - Message class for POCLIS

• Message number: 370

• Message text: Correct the posting key. A revenue account must be specified

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 PFM_1370 - Correct the posting key. A revenue account must be specified ?

  The SAP error message PFM_1370, which states "Correct the posting key. A revenue account must be specified," typically occurs in the context of financial postings, particularly when dealing with revenue accounts in the SAP system. This error indicates that the system expects a revenue account to be specified for the transaction you are trying to process, but it has not been provided or is incorrect.
  
  Cause:
  
  Incorrect Posting Key: The posting key used in the transaction does not correspond to a revenue account. Posting keys determine the type of transaction (debit or credit) and the type of account (e.g., asset, liability, revenue).
  Missing Account Assignment: The account assignment for the transaction may be missing or incorrectly configured, leading to the system not recognizing it as a revenue account.
  
  Configuration Issues: There may be issues with the configuration of the chart of accounts or the posting keys in the SAP system.
  Transaction Type: The transaction type