How To Fix FARR_CONTR_LIFECYCLE024 - Receivable adjustment account not found for contract &1.

FARR_CONTR_LIFECYCLE024 - Overview

• Message type: E = Error

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

• Message number: 024

• Message text: Receivable adjustment account not found for contract &1.

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_CONTR_LIFECYCLE024 - Receivable adjustment account not found for contract &1. ?

  The SAP error message FARR_CONTR_LIFECYCLE024 indicates that the system cannot find a receivable adjustment account for a specific contract. This error typically occurs in the context of contract accounting, particularly in the SAP Flexible Real Estate Management (RE-FX) or Contract Accounts Receivable and Payable (FI-CA) modules.
  
  Cause:
  The error is usually caused by one of the following reasons:
  
  Missing Configuration: The receivable adjustment account has not been defined in the system for the specific contract type or for the relevant company code.
  Incorrect Contract Settings: The contract may not have the necessary settings or parameters configured correctly, leading to the inability to find the adjustment account.
  Master Data Issues: There may be issues with the master data related to the contract, such as missing or incorrect account assignments.
  
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Configuration:
  
  Go to the configuration settings for the contract type in the SAP system.
  Ensure that the receivable adjustment account