How To Fix FARR_CONTR_LIFECYCLE152 - Performance obligation &1 cannot have statistical main cost cond. type.

FARR_CONTR_LIFECYCLE152 - Overview

• Message type: E = Error

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

• Message number: 152

• Message text: Performance obligation &1 cannot have statistical main cost cond. type.

What causes this issue?

If non-statistical cost conditions exist, a performance obligation
cannot have a statistical main cost condition type. Instead exactly one
non-statistical cost condition type must be defined as the main cost
condition type.

System Response

The system has stopped processing of the affected contract.

How to fix this error?

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

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

FARR_CONTR_LIFECYCLE152 - Details

• The SAP error message FARR_CONTR_LIFECYCLE152 indicates that there is an issue with the configuration of performance obligations in the context of revenue recognition. Specifically, the error states that a performance obligation cannot have a statistical main cost condition type associated with it.
  
  Cause:
  This error typically arises due to one of the following reasons:
  
  
  Incorrect Configuration: The performance obligation is configured with a statistical main cost condition type, which is not allowed. Statistical condition types are used for reporting purposes and do not affect the financial postings, which is why they cannot be used as main cost conditions for performance obligations.
  
  
  Data Entry Error: There may be a mistake in the data entry where a statistical condition type was mistakenly assigned to a performance obligation.
  
  
  Incompatibility with Revenue Recognition Standards: The performance obligation may not comply with the revenue recognition standards that require certain types of cost conditions to be used.
  
  
  
  Solution:
  To resolve this error, you