How To Fix FARR_CONTRACT_MAIN506 - Fulfil. date of perf.obl. &1 (cont. &2) earlier than the creation date

SAP Error Message - Details

• Message type: E = Error

• Message class: FARR_CONTRACT_MAIN - Revenue Accounting: Contract Management

• Message number: 506

• Message text: Fulfil. date of perf.obl. &1 (cont. &2) earlier than the creation date

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FARR_CONTRACT_MAIN506 - Fulfil. date of perf.obl. &1 (cont. &2) earlier than the creation date ?

  The SAP error message FARR_CONTRACT_MAIN506 indicates that there is a problem with the fulfillment date of a performance obligation in a contract. Specifically, the error states that the fulfillment date is earlier than the creation date of the contract. This typically occurs in the context of contract management and revenue recognition processes within SAP.
  Cause:
  The error is caused by the following conditions:
  
  Date Mismatch: The fulfillment date (the date when the performance obligation is expected to be fulfilled) is set to a date that is earlier than the date when the contract was created. This is logically inconsistent because a performance obligation cannot be fulfilled before the contract exists.
  Data Entry Error: It may be due to incorrect data entry when creating or updating the contract or performance obligation.
  System Configuration: There may be issues with the configuration of the contract management module in SAP.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Dates: Review the fulfillment date and the creation date of the contract. Ensure that the fulfillment date is set to a date that is equal to or later than the contract creation date.
  
  
  Update Fulfillment Date: If the fulfillment date is incorrect, update it to a valid date that meets the requirement. This can usually be done in the contract management screen where the performance obligations are defined.
  
  
  Review Contract Details: Ensure that all relevant details of the contract are correctly entered and that there are no other inconsistencies.
  
  
  Consult Documentation: If you are unsure about the correct dates or how to make changes, refer to the SAP documentation or user manuals related to contract management and performance obligations.
  
  
  Contact Support: If the issue persists after checking the dates and making necessary updates, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes such as FARR (for contract management) to access the relevant contract details.
  SAP Notes: Check for any SAP Notes related to this error message for additional guidance or patches that may address the issue.
  Training: If you frequently encounter issues with contract management, consider training sessions or workshops to better understand the processes and configurations involved.
  
  By following these steps, you should be able to resolve the error and ensure that your contract management processes run smoothly.