How To Fix FARR_CONTRACT_MAIN715 - Receivable Adjustment acct. cannot be derived for contract &1

SAP Error Message - Details

• Message type: E = Error

• Message class: FARR_CONTRACT_MAIN - Revenue Accounting: Contract Management

• Message number: 715

• Message text: Receivable Adjustment acct. cannot be derived for contract &1

What causes this issue?

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

System Response

How to fix this error?

To derive the receivable adjustment account, take the following steps:.
,,
Find the reference account.
If you can find data of performance obligation from receivable account,
use the receivable account as a reference account.
If not, try to find reconciliation account from the <LS>Customer</>.
Use customizing rules in BRF+ to execute the account determination.
Note:
If you cannot derive receivable adjustment account, perform the
following checks:
Check whether you can find the data of performance obligation from
receivable account. If not, check customer ID and the reconciliation
account.
Enter transaction <NP>FARR_IMG</>. Expand <LB><ZH><LS>Revenue Accounting
</></></>-><LS>Revenue Accounting Postings</> and run <LS>Configure
Account Determination for Specific Transactions</>. Then check whether
there is a rule for this reference account in <LS>Receivable Adjustment
</>. If not, add one.

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_MAIN715 - Receivable Adjustment acct. cannot be derived for contract &1 ?

  The SAP error message FARR_CONTRACT_MAIN715 indicates that the system is unable to derive the receivable adjustment account for a specific contract. This typically occurs in the context of contract accounting, particularly in the SAP Flexible Real Estate Management (RE-FX) or Contract Accounts Receivable and Payable (FI-CA) modules.
  Cause:
  The error can be caused by several factors, including:
  
  
  Missing Configuration: The receivable adjustment account may not be properly configured in the system. This could be due to missing entries in the relevant configuration tables or settings.
  
  
  Account Determination Issues: The system may not be able to determine the correct account based on the account determination settings. This can happen if the necessary account assignment is not set up for the specific contract type or transaction.
  
  
  Contract Type Settings: The contract type associated with the contract may not have the necessary settings to derive the receivable adjustment account.
  
  
  Master Data Issues: There may be issues with the master data related to the contract, such as missing or incorrect information in the customer or vendor master records.
  
  
  Solution:
  To resolve the error, you can take the following steps:
  
  
  Check Configuration:
  
  Go to the configuration settings for account determination in the relevant module (FI-CA or RE-FX).
  Ensure that the receivable adjustment account is defined for the contract type in question.
  
  
  
  Review Contract Type Settings:
  
  Check the settings for the specific contract type to ensure that all necessary accounts are assigned correctly.
  Make sure that the adjustment account is specified in the contract type configuration.
  
  
  
  Verify Master Data:
  
  Review the master data for the customer or vendor associated with the contract. Ensure that all required fields are filled out correctly and that the account assignment is valid.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help notes related to the specific error message for additional guidance and troubleshooting steps.
  
  
  
  Testing:
  
  After making any changes, perform a test transaction to see if the error persists.
  
  
  
  Contact SAP Support:
  
  If the issue cannot be resolved through configuration and master data checks, consider reaching out to SAP support for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like OBYC (for account determination) or FSP0 (for contract management) to access the relevant configuration settings.
  SAP Notes: Check for any SAP Notes related to this error message for specific patches or updates that may address the issue.
  Documentation: Review the SAP Help Portal for detailed information on contract accounting and account determination processes.
  
  By following these steps, you should be able to identify and resolve the underlying cause of the FARR_CONTRACT_MAIN715 error message.