How To Fix FARR_CONTRACT_MAIN167 - Target account missing on condition type &1 for performance obligation &2

FARR_CONTRACT_MAIN167 - Overview

• Message type: E = Error

• Message class: FARR_CONTRACT_MAIN - Revenue Accounting: Contract Management

• Message number: 167

• Message text: Target account missing on condition type &1 for performance obligation &2

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FARR_CONTRACT_MAIN167 - Target account missing on condition type &1 for performance obligation &2 ?

  The SAP error message FARR_CONTRACT_MAIN167 indicates that there is a missing target account for a specific condition type related to a performance obligation in the context of revenue recognition. This error typically arises in the SAP S/4HANA system when dealing with contracts and revenue accounting, particularly in the context of the new revenue recognition standards (IFRS 15/ASC 606).
  
  Cause:
  The error is caused by the following factors:
  
  Missing Configuration: The target account for the specified condition type is not defined in the system. This can happen if the configuration for revenue recognition is incomplete or incorrect.
  Incorrect Condition Type: The condition type specified in the error message may not be properly set up to handle the performance obligation.
  Performance Obligation Issues: The performance obligation itself may not be correctly defined or linked to the relevant contract or condition type.
  
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Configuration:
  
  Go to the configuration settings for revenue