How To Fix FARR_CONTRACT_MAIN209 - Source contract &1 has been processed in Transfer Revenue in open periods

FARR_CONTRACT_MAIN209 - Overview

• Message type: E = Error

• Message class: FARR_CONTRACT_MAIN - Revenue Accounting: Contract Management

• Message number: 209

• Message text: Source contract &1 has been processed in Transfer Revenue in open periods

What causes this issue?

Contract &v1& has been processed in Transfer Revenue in open periods, in
which the contract has been calculated with foreign currencies.

System Response

The system rejects the combination.

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_CONTRACT_MAIN209 - Details

• The SAP error message FARR_CONTRACT_MAIN209 indicates that there is an issue with a source contract that has been processed in the Transfer Revenue function during open periods. This typically occurs in the context of SAP's Contract Accounts Receivable and Payable (FI-CA) or Revenue Accounting and Reporting (RAR) modules.
  
  Cause:
  The error usually arises due to one of the following reasons:
  
  Open Periods: The source contract is being processed in a period that is still open for posting, which may conflict with the rules set for revenue recognition or contract processing.
  Data Inconsistency: There may be inconsistencies in the data related to the source contract, such as missing or incorrect entries.
  
  Configuration Issues: The system configuration for revenue recognition or contract management may not be set up correctly, leading to conflicts when processing contracts.
  
  
  Solution:
  To resolve the error, you can take the following steps:
  
  
  Check Open Periods:
  
  Verify the open periods in your financial settings. Ensure that the periods