How To Fix FARR_CONTRACT_MAIN407 - Start calculating unbilled/deferred revenue at &1

SAP Error Message - Details

• Message type: E = Error

• Message class: FARR_CONTRACT_MAIN - Revenue Accounting: Contract Management

• Message number: 407

• Message text: Start calculating unbilled/deferred revenue at &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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FARR_CONTRACT_MAIN407 - Start calculating unbilled/deferred revenue at &1 ?

  The SAP error message FARR_CONTRACT_MAIN407 typically indicates an issue related to the calculation of unbilled or deferred revenue in the context of contract accounting. This error can occur in the SAP system when there is a problem with the contract data or the configuration settings that are necessary for the calculation process.
  Cause:
  
  Missing or Incorrect Data: The error may arise if there are missing or incorrect entries in the contract data, such as billing plans, revenue recognition rules, or other related fields.
  Configuration Issues: There may be issues with the configuration settings in the contract accounting module, which could prevent the system from correctly calculating unbilled or deferred revenue.
  Inconsistent Status: The status of the contract or related documents may not be consistent, leading to issues during the calculation process.
  Period Closing: If the period for which the calculation is being attempted is closed or not open for posting, this can also trigger the error.
  
  Solution:
  
  Check Contract Data: Review the contract data for completeness and accuracy. Ensure that all necessary fields are filled out correctly, including billing plans and revenue recognition settings.
  Review Configuration Settings: Verify the configuration settings in the contract accounting module. Ensure that all necessary settings for unbilled and deferred revenue calculations are correctly configured.
  Check Document Status: Ensure that the status of the contract and any related documents is appropriate for the calculation. If there are inconsistencies, resolve them before attempting the calculation again.
  Open Posting Period: Make sure that the posting period for the calculation is open. If it is closed, you may need to open it or adjust the calculation to a valid period.
  Consult Documentation: Refer to SAP documentation or notes related to the specific error message for additional guidance and troubleshooting steps.
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes such as FARR (Contract Accounting) or FBL1N (Vendor Line Item Display) to investigate further.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide patches or updates that could resolve the issue.
  Support: If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  By following these steps, you should be able to identify the root cause of the error and implement a solution to resolve it.