Error 'Revenue could not be allocated. Verify that funding rules have been set up to allocate the revenue'. while posting a item's journal in Project Mgmt & Accounting

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Posted on by Muhammad Yousaf

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can anyone help with this

Error 'Revenue could not be allocated. Verify that funding rules have been set up to allocate the revenue'.
while posting a item's journal in Project Mgmt & Accounting

Regards

Yousaf

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David Massey on at

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RE: Error 'Revenue could not be allocated. Verify that funding rules have been set up to allocate the revenue'. while posting a item's journal in Project Mgmt & Accounting

You will need to provide more information for anyone to help you. The message is the result of how your system is setup. The two most common issues are:

1. Incorrect setup of funding rules resulting in that the transaction can not be processed.

2, Funding limits for the contract have been reached or will be exceeded by the transaction being posted.
DeepakKalra 112 on at

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RE: Error 'Revenue could not be allocated. Verify that funding rules have been set up to allocate the revenue'. while posting a item's journal in Project Mgmt & Accounting

got any solution of this issue?
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Weaveriski 23,616 on at

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RE: Error 'Revenue could not be allocated. Verify that funding rules have been set up to allocate the revenue'. while posting a item's journal in Project Mgmt & Accounting

The item journal is linked to a project and project contract. Go to the project contract and look at the multiple funding sources (payment retention terms tab). There may only be one, but go to the project contract (General Tab) and then look at the funding sources and fundling rules fasttabs. I would suggest you have not defined the funding rules for the inventory transaction.