How To Fix FARR_CONTRACT_MAIN140 - Recon. account not defined for customer &1 of company code &2

FARR_CONTRACT_MAIN140 - Overview

• Message type: E = Error

• Message class: FARR_CONTRACT_MAIN - Revenue Accounting: Contract Management

• Message number: 140

• Message text: Recon. account not defined for customer &1 of company code &2

What causes this issue?

Revenue Accounting cannot find the reconciliation account defined for
customer &V1& of company code &V2&. The system requires this account for
determining the accounts used for certain revenue-related postings.

System Response

The system prevents the performance obligation and its contract from
being created or updated. The contract is listed in the Contracts with
Errors worklist for review.

How to fix this error?

Make sure that the reconciliation account is defined in the company code
segment of the customer master record.

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_CONTRACT_MAIN140 - Recon. account not defined for customer &1 of company code &2 ?

  The SAP error message FARR_CONTRACT_MAIN140 indicates that there is a missing reconciliation account for a specific customer in a particular company code. This error typically arises in the context of contract management or accounts receivable processes within SAP.
  
  Cause:
  The error occurs when:
  
  A customer master record does not have a reconciliation account assigned in the general ledger (G/L) for the specified company code.
  The system is trying to process a transaction related to that customer, but it cannot find the necessary account to post the transaction.
  
  
  Solution:
  To resolve this error, you need to ensure that the reconciliation account is properly defined for the customer in the relevant company code. Here are the steps to do this:
  
  
  Check Customer Master Data:
  
  Go to the transaction code FD02 (Change Customer) or FD03 (Display Customer).
  Enter the customer number and company code.
  Navigate to the Company Code Data section.
  Check the Reconciliation Account field. If it is blank or incorrect, you need