How To Fix FARR_CONTR_LIFECYCLE027 - Account redetermination for contract &1 failed: see error log.

FARR_CONTR_LIFECYCLE027 - Overview

• Message type: E = Error

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

• Message number: 027

• Message text: Account redetermination for contract &1 failed: see error log.

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_LIFECYCLE027 - Account redetermination for contract &1 failed: see error log. ?

  The SAP error message FARR_CONTR_LIFECYCLE027 indicates that there was a failure in the account redetermination process for a specific contract. This error typically occurs in the context of contract management within the SAP system, particularly in the area of financial accounting and asset accounting.
  
  Cause:
  The error can be caused by several factors, including but not limited to:
  
  
  Configuration Issues: Incorrect configuration settings in the contract management or financial accounting modules.
  Missing Data: Required data for the contract or related master data may be missing or incomplete.
  Authorization Issues: The user may not have the necessary authorizations to perform the account redetermination.
  System Errors: Technical issues or bugs in the SAP system that prevent the process from completing successfully.
  Inconsistent Data: Data inconsistencies in the contract or related financial documents that prevent the system from determining the correct accounts.
  
  
  Solution:
  To resolve the error, you can follow these steps:
  
  
  Check the Error Log: Review the error log for more detailed