How To Fix FARR_CONTRACT_MAIN364 - Error while obtaining account of deferred revenue for contract &1

SAP Error Message - Details

• Message type: E = Error

• Message class: FARR_CONTRACT_MAIN - Revenue Accounting: Contract Management

• Message number: 364

• Message text: Error while obtaining account of deferred revenue for contract &1

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.

Unfortunately, there isn't any extra information in this error notice.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message FARR_CONTRACT_MAIN364 - Error while obtaining account of deferred revenue for contract &1 ?

  The SAP error message FARR_CONTRACT_MAIN364 typically occurs in the context of contract accounting, specifically when there is an issue with obtaining the account for deferred revenue related to a contract. This error can arise due to various reasons, including configuration issues, missing master data, or incorrect settings in the contract.
  Cause:
  
  Missing or Incorrect Account Assignment: The account for deferred revenue may not be properly assigned in the configuration settings for the contract type.
  Missing Master Data: The necessary master data (like customer or contract account) may be missing or incorrectly maintained.
  Configuration Issues: The configuration for the contract accounting module may not be set up correctly, leading to issues in account determination.
  Authorization Issues: The user may not have the necessary authorizations to access the required data or perform the action.
  Inconsistent Data: There may be inconsistencies in the data related to the contract or the associated accounts.
  
  Solution:
  
  
  Check Account Assignment:
  
  Go to the configuration settings for contract accounting and verify that the account for deferred revenue is correctly assigned for the relevant contract type.
  Ensure that the account determination procedure is correctly set up.
  
  
  
  Review Master Data:
  
  Check the master data for the customer or contract account to ensure that all necessary information is complete and accurate.
  Make sure that the relevant accounts are created and active.
  
  
  
  Configuration Review:
  
  Review the configuration settings in the SAP system for contract accounting (transaction code SPRO) to ensure that all necessary settings are in place.
  Pay special attention to the settings related to account determination and revenue recognition.
  
  
  
  Authorization Check:
  
  Ensure that the user has the necessary authorizations to access the contract and perform the required actions.
  Check the user roles and profiles to confirm that they include the necessary permissions.
  
  
  
  Data Consistency Check:
  
  Run consistency checks on the contract and related data to identify any discrepancies.
  Use transaction codes like SE16 or SE11 to check the relevant tables for any inconsistencies.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or notes related to contract accounting and deferred revenue for any specific guidance or known issues.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as:
  
  FARR: Contract Accounting
  SPRO: Customizing settings
  SE16/SE11: Data browser for checking table entries
  
  
  SAP Notes: Check SAP Notes for any updates or patches related to this error message.
  Support: If the issue persists after checking the above points, consider reaching out to SAP support or your internal SAP support team for further assistance.
  
  By following these steps, you should be able to identify and resolve the issue causing the FARR_CONTRACT_MAIN364 error in your SAP system.