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

FARR_CONTRACT_MAIN715 - Overview

• 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.

FARR_CONTRACT_MAIN715 - Details

• 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