How To Fix FARR_CONTRACT_MAIN664 - &1 performance obligations found

SAP Error Message - Details

• Message type: E = Error

• Message class: FARR_CONTRACT_MAIN - Revenue Accounting: Contract Management

• Message number: 664

• Message text: &1 performance obligations found

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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FARR_CONTRACT_MAIN664 - &1 performance obligations found ?

  The SAP error message FARR_CONTRACT_MAIN664 typically indicates that there are performance obligations associated with a contract that need to be addressed. This error often arises in the context of contract management and revenue recognition processes within SAP, particularly in the SAP S/4HANA environment.
  Cause:
  The error message suggests that there are performance obligations linked to a contract that have not been fulfilled or processed correctly. This can occur due to several reasons, including:
  
  Incomplete Contract Data: The contract may not have all the necessary information filled out, leading to issues in processing performance obligations.
  Unfulfilled Performance Obligations: There may be performance obligations that have not been completed or recognized, which prevents further processing of the contract.
  Configuration Issues: There could be issues with the configuration of the contract management or revenue recognition settings in SAP.
  Data Inconsistencies: There may be inconsistencies in the data related to the contract or performance obligations, such as missing or incorrect entries.
  
  Solution:
  To resolve the error, you can take the following steps:
  
  Review Contract Details: Check the contract in question to ensure that all necessary details are filled out correctly. Look for any missing or incorrect information.
  Check Performance Obligations: Review the performance obligations associated with the contract. Ensure that all obligations are either fulfilled or properly accounted for.
  Update or Complete Obligations: If there are outstanding performance obligations, update their status or complete them as necessary.
  Configuration Review: If the issue persists, review the configuration settings related to contract management and revenue recognition in SAP. Ensure that they are set up correctly according to your business requirements.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on handling performance obligations and contracts.
  Seek Support: If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error message or provide additional troubleshooting steps.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FARR (for contract management) and FAS (for asset accounting) that may help in navigating the system.
  Training and Documentation: Ensure that users involved in contract management are trained on the processes and understand how to manage performance obligations effectively.
  
  By following these steps, you should be able to identify the root cause of the error and implement a solution to resolve it.