How To Fix FARR_CONTRACT_MAIN313 - Condition type for exchange rate difference for cost is not defined

FARR_CONTRACT_MAIN313 - Overview

• Message type: E = Error

• Message class: FARR_CONTRACT_MAIN - Revenue Accounting: Contract Management

• Message number: 313

• Message text: Condition type for exchange rate difference for cost is not defined

What causes this issue?

The condition type for exchange rate difference for cost is not defined
in the system.

System Response

The processing of the contract was stopped.

How to fix this error?

Please define the condition type for exchange rate difference for cost
in the Customizing activity
<DS:SIMG.FARR_SPEC_COND>Define Reserved Condition Types</>.

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_MAIN313 - Condition type for exchange rate difference for cost is not defined ?

  The SAP error message FARR_CONTRACT_MAIN313 indicates that there is an issue with the configuration of the condition type for exchange rate differences related to costs in the context of contract management, particularly in the area of Financial Accounting and Contract Accounts Receivable and Payable (FI-CA).
  
  Cause:
  The error typically arises when:
  
  The condition type for exchange rate differences has not been defined in the system.
  The configuration settings for the relevant condition type are incomplete or incorrect.
  The system is trying to process a transaction that requires a specific condition type for exchange rate differences, but it cannot find it.
  
  
  Solution:
  To resolve this error, you can follow these steps:
  
  
  Check Condition Type Configuration:
  
  Go to the SAP Customizing Implementation Guide (SPRO).
  Navigate to Financial Accounting (New) > Accounts Receivable and Accounts Payable > Contract Accounts Receivable and Payable > Basic Functions > Define Condition Types.
  Look for the condition type related to exchange rate differences (e.g., KONV table entries).
  Ensure that