How To Fix FARR_CONTRACT_MAIN741 - Company code &1 is not ready for transition.

FARR_CONTRACT_MAIN741 - Overview

• Message type: E = Error

• Message class: FARR_CONTRACT_MAIN - Revenue Accounting: Contract Management

• Message number: 741

• Message text: Company code &1 is not ready for transition.

What causes this issue?

You are not able to perform transition for revenue accounting contracts
under the company code. The reasons may be as follows:
The company code is not in the status of Transition.
Not all packages under the company code are in the status of Transition.

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?

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_MAIN741 - Company code &1 is not ready for transition. ?

  The SAP error message FARR_CONTRACT_MAIN741 indicates that a specific company code is not ready for the transition to the new contract management functionality in SAP. This typically occurs in the context of the SAP Flexible Real Estate Management (RE-FX) module or similar areas where contract management is involved.
  
  Cause:
  The error can arise due to several reasons, including but not limited to:
  
  
  Incomplete Configuration: The company code may not be fully configured for the new contract management processes. This could involve missing settings in the configuration of the contract management module.
  
  
  Data Migration Issues: If you are transitioning from an older version of SAP or from a different system, there may be issues with data migration that prevent the company code from being recognized as ready.
  
  
  Authorization Issues: The user may not have the necessary authorizations to access or modify the settings related to the company code.
  
  
  Missing Master Data: Required master data for the company