How To Fix FARR_CONTR_LIFECYCLE058 - Prospective change cannot perform on POB &1 with deferral method changed.

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 058

• Message text: Prospective change cannot perform on POB &1 with deferral method changed.

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FARR_CONTR_LIFECYCLE058 - Prospective change cannot perform on POB &1 with deferral method changed. ?

  The SAP error message FARR_CONTR_LIFECYCLE058 indicates that a prospective change cannot be performed on a Profitability Object (POB) because the deferral method has been changed. This typically occurs in the context of SAP's Financial Accounting and Reporting (FARR) module, particularly when dealing with contracts and their lifecycle management.
  Cause:
  The error arises when there is an attempt to make a prospective change (such as modifying a contract or profitability object) while the deferral method associated with that object has been altered. The deferral method is crucial for determining how revenues and expenses are recognized over time, and changing it can affect the integrity of financial reporting.
  Solution:
  To resolve this error, consider the following steps:
  
  
  Review the Deferral Method: Check the current deferral method assigned to the Profitability Object (POB) in question. Ensure that it is set correctly according to your business requirements.
  
  
  Revert Changes: If the deferral method was changed recently, consider reverting it back to its original state if possible. This may allow the prospective change to be processed.
  
  
  Check for Open Transactions: Ensure that there are no open transactions or postings that are dependent on the current deferral method. If there are, you may need to close or adjust these transactions before proceeding.
  
  
  Consult Documentation: Review SAP documentation or notes related to the specific error message. There may be additional context or updates that provide further guidance.
  
  
  Contact SAP Support: If the issue persists and you cannot identify the cause or solution, consider reaching out to SAP support for assistance. They can provide insights based on the specific configuration and version of your SAP system.
  
  
  Testing in a Sandbox Environment: If possible, replicate the issue in a test or sandbox environment to better understand the impact of the deferral method change and to test potential solutions without affecting production data.
  
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that might address this specific error or provide patches or updates.
  Configuration Settings: Review the configuration settings for the FARR module, particularly those related to contract management and deferral methods.
  User Permissions: Ensure that the user attempting to make the change has the necessary permissions to modify the POB and its associated settings.
  
  By following these steps, you should be able to diagnose and resolve the error message FARR_CONTR_LIFECYCLE058 effectively.