How To Fix FARR_CONS_CHECK207 - No revenue accounting supported accounting principles could be found.

FARR_CONS_CHECK207 - Overview

• Message type: E = Error

• Message class: FARR_CONS_CHECK - Message Class for Contract Consistency Check

• Message number: 207

• Message text: No revenue accounting supported accounting principles could be found.

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FARR_CONS_CHECK207 - No revenue accounting supported accounting principles could be found. ?

  The SAP error message FARR_CONS_CHECK207 indicates that the system could not find any revenue accounting supported accounting principles for the specified configuration. This error typically arises in the context of SAP Revenue Accounting and Reporting (RAR) when trying to process revenue recognition for contracts or transactions.
  
  Cause:
  
  Missing Configuration: The most common cause is that the necessary configuration for accounting principles in the Revenue Accounting module is not set up or is incomplete.
  Incorrect Settings: The accounting principles may not be correctly assigned to the relevant company code or the specific revenue accounting area.
  Inactive Accounting Principles: The accounting principles that are supposed to be used may be inactive or not properly defined in the system.
  Data Issues: There may be issues with the data being processed, such as missing or incorrect entries in the relevant master data.
  
  
  Solution:
  
  
  Check Configuration:
  
  Go to the configuration settings for Revenue Accounting and Reporting (transaction code SPRO).
  Navigate to Financial Accounting (New)