How To Fix FARR_CONTR_LIFECYCLE114 - Revenue not transferred for all periods before eff. date: contract &1.

FARR_CONTR_LIFECYCLE114 - Overview

• Message type: E = Error

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

• Message number: 114

• Message text: Revenue not transferred for all periods before eff. date: contract &1.

What causes this issue?

Revenue for contract &v1& has not been transferred for all periods
before period &v2& in year &v3& that corresponds to the effective date
&v4&.

System Response

Contract combination is not possible for contract &v1& on the effective
date &v4&.

How to fix this error?

Run program 'Transfer Revenue' for all periods before period &v2&, year
&v3&.

Procedure for System Administrators

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FARR_CONTR_LIFECYCLE114 - Revenue not transferred for all periods before eff. date: contract &1. ?

  The SAP error message FARR_CONTR_LIFECYCLE114 indicates that revenue has not been transferred for all periods before the effective date of a contract. This typically occurs in the context of contract accounting or revenue recognition processes within SAP, particularly in the SAP Revenue Accounting and Reporting (RAR) module.
  
  Cause:
  
  Effective Date Issue: The effective date of the contract is set in the future or is not aligned with the periods for which revenue should be recognized.
  Incomplete Data: There may be missing or incomplete data in the contract that prevents the system from processing revenue for the specified periods.
  Configuration Settings: The configuration settings for revenue recognition may not be set up correctly, leading to issues in transferring revenue.
  Posting Periods: The posting periods may not be open for the relevant accounting periods, preventing revenue from being recognized.
  
  
  Solution:
  
  Check Effective Date: Verify the effective date of the contract. Ensure that it is set correctly and that it