How To Fix FARR_CONTRACT_MAIN412 - Start calculating contract liability/asset at &1

FARR_CONTRACT_MAIN412 - Overview

• Message type: E = Error

• Message class: FARR_CONTRACT_MAIN - Revenue Accounting: Contract Management

• Message number: 412

• Message text: Start calculating contract liability/asset 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.

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

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Smart SAP Assistant

• What is the cause and solution for SAP error message FARR_CONTRACT_MAIN412 - Start calculating contract liability/asset at &1 ?

  The SAP error message FARR_CONTRACT_MAIN412 typically indicates an issue related to the calculation of contract liabilities or assets in the context of contract accounting. This error can occur in the SAP system when there is a problem with the data or configuration related to the contract accounting process.
  
  Cause:
  
  
  Missing or Incomplete Data: The error may arise if the necessary data for calculating the contract liability or asset is missing or incomplete. This could include missing contract details, incorrect account assignments, or incomplete configuration settings.
  
  
  
  Configuration Issues: There may be issues with the configuration of the contract accounting settings in the SAP system. This could involve incorrect settings in the contract management module or related financial accounting settings.
  
  
  Incorrect Posting Period: The error might occur if the posting period is closed or if there are inconsistencies in the fiscal year settings.
  
  
  Authorization Issues: Sometimes, the user may not have the necessary authorizations to perform the