How To Fix FARR_ACCR_DB010 - Error while obtaining settlement account for company code &1

FARR_ACCR_DB010 - Overview

• Message type: E = Error

• Message class: FARR_ACCR_DB - Revenue Accounting - Accrual Management DB Access

• Message number: 010

• Message text: Error while obtaining settlement account for company code &1

What causes this issue?

While performing accrual posting, the system could not find the
settlement account for company code &V1&. This may occur if no
settlement account has been defined for this company code in
Customizing.

System Response

The activity was terminated.

How to fix this error?

Contact your system administrator.

Procedure for System Administrators

<writer's note: add Customizing information when the customizing path is
finalized>

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FARR_ACCR_DB010 - Error while obtaining settlement account for company code &1 ?

  The SAP error message FARR_ACCR_DB010 indicates that there is an issue with obtaining the settlement account for a specific company code in the context of Asset Accounting (FI-AA) or related financial processes. This error typically arises when the system is unable to find the appropriate settlement account configuration for the specified company code.
  
  Cause:
  
  Missing Configuration: The settlement account for the specified company code may not be configured in the system.
  Incorrect Company Code: The company code specified in the transaction may not exist or may not be correctly set up in the system.
  Authorization Issues: The user may not have the necessary authorizations to access the settlement account configuration.
  Data Inconsistencies: There may be inconsistencies in the master data or configuration settings related to Asset Accounting.
  
  
  Solution:
  
  
  Check Configuration:
  
  Go to the configuration settings for Asset Accounting (Transaction code: SPRO).
  Navigate to Financial Accounting (New) > Asset Accounting > Integration > Define Settlement Accounts.
  Ensure that the settlement account