How To Fix FARR_CONTRACT_MAIN448 - Condition type for contract termination expense is not defined

FARR_CONTRACT_MAIN448 - Overview

• Message type: E = Error

• Message class: FARR_CONTRACT_MAIN - Revenue Accounting: Contract Management

• Message number: 448

• Message text: Condition type for contract termination expense is not defined

What causes this issue?

The condition type for the contract early termination expense 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 the contract termination expense.
You can do this using 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.

FARR_CONTRACT_MAIN448 - Details

• The SAP error message FARR_CONTRACT_MAIN448 indicates that there is an issue with the configuration of the condition type for contract termination expenses in the SAP system. This error typically arises in the context of contract management, particularly when dealing with financial agreements or leasing contracts.
  
  Cause:
  The error occurs when the system attempts to process a contract termination expense but cannot find a defined condition type for it. This can happen due to:
  
  Missing Configuration: The condition type for contract termination expenses has not been defined in the system.
  Incorrect Settings: The existing condition type may not be properly configured or linked to the relevant contract type.
  Data Entry Issues: There may be issues with the data entered in the contract that lead to the system not recognizing the condition type.
  
  
  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