How To Fix FARR_CONTR_LIFECYCLE010 - Accounting principle could not be determined.

SAP Error Message - Details

• Message type: E = Error

• Message class: FARR_CONTR_LIFECYCLE - Message from Contract Lifecyle (RAR 2.0 Object Model)

• Message number: 010

• Message text: Accounting principle could not be determined.

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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FARR_CONTR_LIFECYCLE010 - Accounting principle could not be determined. ?

  The SAP error message FARR_CONTR_LIFECYCLE010 indicates that the system is unable to determine the accounting principle for a specific transaction or contract. This error typically arises in the context of contract accounting or asset accounting within the SAP system, particularly when dealing with financial transactions that require specific accounting principles to be applied.
  Causes:
  
  
  Missing Configuration: The accounting principles may not be properly configured in the system. This can happen if the necessary settings for the accounting principles are not defined in the configuration.
  
  
  Incorrect Master Data: The master data for the contract or asset may be incomplete or incorrect, leading to the inability to determine the appropriate accounting principle.
  
  
  Inconsistent Settings: There may be inconsistencies between the accounting principles defined in the system and the transactions being processed.
  
  
  Missing or Incorrect Assignment: The accounting principle may not be assigned to the relevant company code or business area.
  
  
  Versioning Issues: If there are multiple versions of accounting principles, the system may not be able to determine which one to apply.
  
  
  Solutions:
  
  
  Check Configuration: Review the configuration settings for accounting principles in the SAP system. Ensure that all necessary accounting principles are defined and correctly configured.
  
  
  Review Master Data: Verify the master data for the relevant contracts or assets. Ensure that all required fields are filled out correctly and that the data is consistent.
  
  
  Assign Accounting Principles: Make sure that the accounting principles are properly assigned to the relevant company codes and business areas. This can usually be done in the configuration settings.
  
  
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on how to configure and assign accounting principles.
  
  
  Debugging: If the issue persists, consider using debugging tools within SAP to trace the execution path and identify where the determination of the accounting principle is failing.
  
  
  Consult SAP Support: If you are unable to resolve the issue, consider reaching out to SAP support for assistance. They may provide insights based on the specific version of SAP you are using.
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OAA3 (for asset accounting) or OX15 (for company code settings) that may help in reviewing configurations.
  SAP Notes: Check for any SAP Notes related to this error message, as they may provide patches or updates that address known issues.
  User Forums: Engage with SAP community forums or user groups where similar issues may have been discussed, and solutions shared.
  
  By following these steps, you should be able to identify the root cause of the error and implement a solution to resolve it.