How To Fix FARR_CONTRACT_MAIN477 - POB &1 must be applied with a change of estimates for acct. period &2

FARR_CONTRACT_MAIN477 - Overview

• Message type: E = Error

• Message class: FARR_CONTRACT_MAIN - Revenue Accounting: Contract Management

• Message number: 477

• Message text: POB &1 must be applied with a change of estimates for acct. period &2

What causes this issue?

In some scenarios, the change type can only be applied with a change of
estimates. For more information, please refer to changes that can only
be applied with a change of estimates within the "Determination of
Contract Change for Performance Obligations" BAdI documentation.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FARR_CONTRACT_MAIN477 - POB &1 must be applied with a change of estimates for acct. period &2 ?

  The SAP error message FARR_CONTRACT_MAIN477 indicates that a Profitability Analysis (CO-PA) contract must be applied with a change of estimates for a specific accounting period. This error typically arises in the context of contract accounting, particularly when dealing with contracts that require adjustments or changes in estimates for revenue recognition.
  
  Cause:
  The error occurs when:
  
  There is an attempt to post a transaction related to a contract that has not been properly adjusted for the specified accounting period.
  The system expects a change of estimates to be applied to the contract for the given period, but it has not been done.
  The contract may have been modified or there may be inconsistencies in the data that require a change of estimates to be processed.
  
  
  Solution:
  To resolve this error, you can follow these steps:
  
  
  Check Contract Details: Review the contract associated with the error. Ensure that all necessary details are correctly entered and that the contract is in