How To Fix FARR_CONTRACT_MAIN126 - Start date type is required for time-based performance obligation &1

FARR_CONTRACT_MAIN126 - Overview

• Message type: E = Error

• Message class: FARR_CONTRACT_MAIN - Revenue Accounting: Contract Management

• Message number: 126

• Message text: Start date type is required for time-based performance obligation &1

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FARR_CONTRACT_MAIN126 - Start date type is required for time-based performance obligation &1 ?

  The SAP error message FARR_CONTRACT_MAIN126 indicates that a start date type is required for a time-based performance obligation in the context of contract management, particularly in the SAP Revenue Accounting and Reporting (RAR) module. This error typically arises when you are trying to create or modify a contract or performance obligation without specifying the necessary start date.
  
  Cause:
  The error is caused by the absence of a required start date for a time-based performance obligation. In SAP RAR, performance obligations can be time-based (e.g., subscriptions, service contracts) or event-based. For time-based obligations, the system requires a start date to determine the period over which the obligation is recognized.
  
  Solution:
  To resolve this error, you should:
  
  
  Check the Contract Details: 
  
  Open the contract or performance obligation that is causing the error.
  Ensure that you have specified a start date for the time-based performance obligation.
  
  
  
  Enter the Start Date:
  
  Navigate to the relevant section of the contract where the performance