How To Fix FARR_CONTRACT_MAIN066 - Multiple perf. oblig. are marked as residual in the same group (incl. &1)

FARR_CONTRACT_MAIN066 - Overview

• Message type: E = Error

• Message class: FARR_CONTRACT_MAIN - Revenue Accounting: Contract Management

• Message number: 066

• Message text: Multiple perf. oblig. are marked as residual in the same group (incl. &1)

What causes this issue?

More than one performance obligation is marked as residual in the same
group of performance obligations. Either under the same higher-level
performance obligation or under the root level of the contract, only one
performance obligation is allowed to be marked as residual.
One of such performance obligations is &V1&.

System Response

The system prevents the performance obligations from being created.

How to fix this error?

Contact your system administrator.

Procedure for System Administrators

[Editor's note: placeholder for information regarding configuration of
"residual."]
&SEE_ALSO&
For more information, see the field help of
<DS:DE.FARR_RESIDUAL_POB>Residual</>.

Error message extract from SAP system. Copyright SAP SE.

FARR_CONTRACT_MAIN066 - Details

• The SAP error message FARR_CONTRACT_MAIN066 indicates that there are multiple performance obligations marked as residual within the same group in the context of contract accounting. This typically occurs in the SAP Revenue Accounting and Reporting (RAR) module, where performance obligations are tracked for revenue recognition purposes.
  
  Cause:
  The error arises when:
  
  There are multiple performance obligations that are marked as residual in the same group, which is not allowed. 
  This situation can occur if the system detects that more than one performance obligation is set to be residual for the same contract or group of contracts, leading to ambiguity in revenue recognition.
  
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Review Performance Obligations:
  
  Go to the relevant contract in the SAP system and review the performance obligations associated with it.
  Check if there are multiple obligations marked as residual.
  
  
  
  Adjust Residual Marking:
  
  Determine which performance obligation should be marked as residual and adjust the settings accordingly.
  You may