How To Fix FARR_CONTRACT_MAIN694 - Other performance obligations are reversed to In Process

FARR_CONTRACT_MAIN694 - Overview

• Message type: E = Error

• Message class: FARR_CONTRACT_MAIN - Revenue Accounting: Contract Management

• Message number: 694

• Message text: Other performance obligations are reversed to In Process

What causes this issue?

When the system detects that a performance obligation that resides on a
leaf node is not completed, it make sure that performance obligations
above this incomplete performance obligation in the hierarchy are not
marked as completed either. If the system finds any status set
unexpectedly against this convention, it reverses the status to In
Process.

System Response

The system reverses certain performance obligations to the In Process
status when you save the changes.

How to fix this error?

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

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_MAIN694 - Other performance obligations are reversed to In Process ?

  The SAP error message FARR_CONTRACT_MAIN694 typically relates to the management of performance obligations in the context of revenue recognition, particularly under the guidelines of IFRS 15 or ASC 606. This error indicates that there are issues with the status of performance obligations associated with a contract, specifically that other performance obligations are being reversed to "In Process."
  
  Cause:
  
  Inconsistent Status: The performance obligations may have inconsistent statuses, where some are marked as completed while others are still in process.
  Data Entry Errors: There may be incorrect data entries or configurations in the contract or performance obligations.
  Incomplete Processing: The system may not have fully processed previous transactions related to the performance obligations, leading to a mismatch in statuses.
  
  Configuration Issues: There could be issues with the configuration of the revenue recognition settings in the system.
  
  
  Solution:
  
  Check Performance Obligations: Review the performance obligations associated with the contract. Ensure that their statuses are consistent and correctly reflect the