How To Fix RECD064 - When SC-relevant (&2), calculation and distribution formulas required

RECD064 - Overview

• Message type: E = Error

• Message class: RECD -

• Message number: 064

• Message text: When SC-relevant (&2), calculation and distribution formulas required

What causes this issue?

Condition &V1& (&V2&)
More than one rental unit can be leased out in one contract. Therefore,
for conditions relevant for service charges, you have to specify exactly
to which rental objects any amounts related to service charges pertain.

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 the necessary calculation formulas and distribution formulas.

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 RECD064 - When SC-relevant (&2), calculation and distribution formulas required ?

  The SAP error message RECD064 typically occurs in the context of the SAP Revenue Accounting and Reporting (RAR) module. This error indicates that when a sales contract (SC) is relevant for revenue recognition, the system requires calculation and distribution formulas to be defined for the relevant revenue recognition process.
  
  Cause:
  The error message RECD064 is triggered when:
  
  A sales contract is marked as relevant for revenue recognition.
  The system cannot find the necessary calculation and distribution formulas that are required to process the revenue recognition for that contract.
  
  
  Solution:
  To resolve the RECD064 error, you can follow these steps:
  
  
  Check Configuration:
  
  Go to the configuration settings for Revenue Accounting and Reporting in your SAP system.
  Ensure that the calculation and distribution formulas are defined for the relevant revenue recognition processes.
  
  
  
  Define Calculation and Distribution Formulas:
  
  Navigate to the transaction code for maintaining calculation and distribution formulas (usually in the RAR configuration area).
  Create or adjust the formulas as needed to ensure they