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

SAP Error Message - Details

• 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.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

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) > Revenue Accounting and Reporting > Define Accounting Principles.
  Ensure that the necessary accounting principles are defined and active.
  
  
  
  Assign Accounting Principles:
  
  Ensure that the accounting principles are assigned to the relevant company codes and revenue accounting areas.
  Check the settings under Define Accounting Principles for Company Codes.
  
  
  
  Review Master Data:
  
  Check the master data for the contracts or transactions that are causing the error. Ensure that all necessary fields are filled out correctly and that the relevant accounting principles are assigned.
  
  
  
  Activate Accounting Principles:
  
  If the accounting principles are inactive, activate them in the configuration settings.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or notes related to Revenue Accounting and Reporting for any additional steps or considerations that may be relevant to your specific setup.
  
  
  
  Testing:
  
  After making the necessary changes, test the process again to ensure that the error is resolved.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as:
  
  SPRO: For configuration settings.
  FARR: For Revenue Accounting and Reporting transactions.
  
  
  SAP Notes: Check for any SAP Notes that may address this specific error or provide additional guidance.
  User Roles: Ensure that the user has the necessary authorizations to access and modify the configuration settings.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or reach out to SAP support for further assistance.