How To Fix VFRR534 - Time-related revenue recognition needs an accrual start date

VFRR534 - Overview

• Message type: E = Error

• Message class: VFRR - SD revenue recognition

• Message number: 534

• Message text: Time-related revenue recognition needs an accrual start date

What causes this issue?

If the item has been indicated as a time-related revenue recognition
item, it must contain an accrual start date.

System Response

The item is incorrect and cannot be saved.

How to fix this error?

You can only enter the accrual start date in Customizing for the item
category. Choose a correct accrual start date in Customizing.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message VFRR534 - Time-related revenue recognition needs an accrual start date ?

  SAP Error Message:
  VFRR534 – Time-related revenue recognition needs an accrual start date
  
  
  Cause:
  This error occurs when you are trying to post or process a revenue recognition document or contract line item that is set up for time-related revenue recognition, but the system does not have an accrual start date specified. The accrual start date is mandatory for time-related revenue recognition because it defines when the revenue recognition period begins.
  In other words, the system requires a valid start date to calculate the revenue recognition schedule over time. If this date is missing or not maintained, the system cannot proceed and throws this error.
  
  When does this happen?
  
  During contract creation or change in SAP Contract Accounts Receivable and Payables (FI-CA) or in Revenue Accounting and Reporting (RAR).
  When posting revenue recognition documents in SD Revenue Accounting.
  When the revenue recognition profile or condition type is set to time-related recognition but the accrual start date is not