3074124 - Error FINS_REV_REC010 happens when revaluing customer project

You get below error when you try to revalue customer project item:

"Maintain plan costs suitable for WBS-Element XXXXXXXXXX using revenue recognition method 'Recognize revenue on cost-based POC'
Message no. FINS_REV_REC010"

SAP S/4HANA Cloud

Revalue WBS Element with App Revenue Recognition (Event-Based) (2) Projects.

Please check the cookbook for Event-Based Revenue Recognition.
Search the chapter with keyword: "Cost-Based POC Method".

"Planned costs: EBRR always uses the current “dynamic EAC” to calculate POC for event-based cost postings. This is independent even if the customer uses “Review Customer Project” App."

So please check the EAC value for the WBS Element in “Review Customer Project” App.
If the EAC shows as 0, it's correct that error happens. Since the plan cost is zero.

It's possible even you have planned costs previously, but you have cleared the ETC value in “Review Customer Project” App  manually.
This may lead to the result that the EAC will eventually be 0.

This is standard system behavior.
If you still would like to revalue the WBS Element, you need to adjust the ETC value accordingly.

EAC, ETC, plan cost, actual cost, POC, FINS_REV_REC 010. , KBA , CO-PC-OBJ-EBR , Event-Based Revenue Recognition , Problem