How To Fix FARR_CONTRACT_MAIN748 - The new condition type &1 for perf. oblig. &2 does not exist in RevAcc.

SAP Error Message - Details

• Message type: E = Error

• Message class: FARR_CONTRACT_MAIN - Revenue Accounting: Contract Management

• Message number: 748

• Message text: The new condition type &1 for perf. oblig. &2 does not exist in RevAcc.

What causes this issue?

The new condition type &v1& for performance obligation &v2& does not
exist in Revenue Accounting. Normally new condition types should be
passed from <ZK>IT_COND_TYPE_NEW</>. It will be ignored automatically If
it comes from <ZK>IT_COND_TYPE_UPD</>.

System Response

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

How to fix this error?

Contact system administer.

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_MAIN748 - The new condition type &1 for perf. oblig. &2 does not exist in RevAcc. ?

  The SAP error message FARR_CONTRACT_MAIN748 indicates that there is an issue with a condition type related to a performance obligation in the Revenue Accounting and Reporting (RAR) module. Specifically, the error states that the new condition type specified does not exist in the Revenue Accounting configuration.
  Cause:
  
  Missing Condition Type: The condition type referenced in the error message (&1) is not defined in the Revenue Accounting configuration for the performance obligation (&2).
  Configuration Issues: There may be a misconfiguration in the RAR settings, where the condition type is expected but not set up correctly.
  Data Entry Error: There could be a typo or incorrect entry when creating or modifying the performance obligation or related conditions.
  
  Solution:
  
  
  Check Condition Type Configuration:
  
  Go to the RAR configuration settings in SAP.
  Verify if the condition type mentioned in the error message exists in the system.
  If it does not exist, you may need to create it or adjust the configuration to include it.
  
  
  
  Review Performance Obligation:
  
  Check the performance obligation (&2) to ensure that it is correctly set up and that all required condition types are defined.
  Make sure that the performance obligation is linked to the correct condition types as per your business requirements.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for guidance on setting up condition types and performance obligations in RAR.
  
  
  
  Testing:
  
  After making any changes, test the configuration by attempting to process the transaction again to see if the error persists.
  
  
  
  Seek Help from SAP Support:
  
  If you are unable to resolve the issue, consider reaching out to SAP support or consulting with an SAP expert who specializes in RAR.
  
  
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like OBYC (for condition types) or FARR (for Revenue Accounting and Reporting) to access the relevant configuration settings.
  SAP Notes: Check for any relevant SAP Notes that might address this specific error or provide additional guidance.
  Training and Documentation: Ensure that your team is trained on RAR processes and that you have up-to-date documentation on your configuration settings.
  
  By following these steps, you should be able to identify the root cause of the error and implement a solution to resolve it.