How To Fix FARR_CONTRACT_MAIN718 - Receivable Account cannot be empty for contract &1

SAP Error Message - Details

• Message type: E = Error

• Message class: FARR_CONTRACT_MAIN - Revenue Accounting: Contract Management

• Message number: 718

• Message text: Receivable Account cannot be empty for contract &1

What causes this issue?

The system cannot determine the receivable account for contract &V1&.
The system determines the receivable account as follows:
If the receivable account is specified as one of the attributes on a
performance obligation, the receivable account is used as the receivable
account of the contract. In this case, all performance obligations must
point to the same receivable account.
If the receivable account is not specified on any of the performance
obligations in the contract, the system uses the customer information to
retrieve the receivable account from the customer's master data.
If the system cannot obtain the receivable account after trying both of
the above mentioned methods, the system reports this error message.

System Response

The system cannot determine the receivable account.

How to fix this error?

Possible causes of this issue include the following:
The receivable account information is missing on the performance
obligations in the contract. This may be a result of incorrect
configurations in the back-end operational application or the adapter
reuse layer.
The customer information is missing on the performance obligations. This
may be a result of incorrect configurations in the back-end operational
application or the adapter reuse layer.
The customer master data does not include the receivable account, or an
error occurs when the system tries to retrieve the receivable account
from the customer master data.

Procedure for System Administrators

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

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FARR_CONTRACT_MAIN718 - Receivable Account cannot be empty for contract &1 ?

  The SAP error message FARR_CONTRACT_MAIN718 indicates that the receivable account cannot be empty for a specific contract. This error typically occurs in the context of contract management within the SAP system, particularly when dealing with financial transactions related to contracts.
  Cause:
  The error arises when you attempt to create or modify a contract in the SAP system, and the system detects that the receivable account field is not filled in. This field is essential because it specifies the account where receivables related to the contract will be posted. If this field is left empty, the system cannot proceed with the transaction, leading to the error message.
  Solution:
  To resolve this error, you need to ensure that the receivable account is properly defined for the contract in question. Here are the steps you can take:
  
  
  Check Contract Details:
  
  Navigate to the contract in question using the appropriate transaction code (e.g., FARR for contract management).
  Verify that all mandatory fields, especially the receivable account, are filled in.
  
  
  
  Define Receivable Account:
  
  If the receivable account is not defined, you will need to enter a valid account. This can typically be done in the contract details screen.
  Ensure that the account you are entering is valid and exists in the system.
  
  
  
  Review Configuration:
  
  If you are unsure about which account to use, consult with your finance or accounting team to determine the appropriate receivable account for the contract type.
  Check the configuration settings in the SAP system to ensure that the receivable accounts are set up correctly for the relevant contract types.
  
  
  
  Save Changes:
  
  After entering the necessary information, save the changes and try to process the contract again.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FARR (Contract Management) and FBL1N (Vendor Line Item Display) for further investigation.
  User Roles: Ensure that you have the necessary permissions to modify contract details in the SAP system.
  Documentation: Refer to SAP documentation or help files for more detailed information on contract management and the specific fields required for contracts.
  Support: If the issue persists after following the above steps, consider reaching out to your SAP support team or consulting the SAP community for further assistance.
  
  By ensuring that the receivable account is filled in correctly, you should be able to resolve the error and proceed with your contract management tasks in SAP.