How To Fix FARR_CONTRACT_MAIN764 - Compound POB &1 cannot have event type CI and value relevant TRUE

SAP Error Message - Details

• Message type: E = Error

• Message class: FARR_CONTRACT_MAIN - Revenue Accounting: Contract Management

• Message number: 764

• Message text: Compound POB &1 cannot have event type CI and value relevant TRUE

Diagnosis

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

The compound performance obligation cannot be defined as :
Event type: "CI"
Value relevant is TRUE.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FARR_CONTRACT_MAIN764 - Compound POB &1 cannot have event type CI and value relevant TRUE ?

  The SAP error message FARR_CONTRACT_MAIN764 indicates that there is an issue with a compound Purchase Order (POB) in the context of contract management. Specifically, the error states that the compound POB cannot have the event type "CI" (which typically stands for "Contract Item") and the value relevant flag set to TRUE at the same time.
  Cause:
  
  Event Type Conflict: The error arises when the system detects a conflict between the event type assigned to the compound POB and the value relevance setting. The event type "CI" is not compatible with the value relevance being set to TRUE.
  Configuration Issues: There may be configuration settings in the contract management module that are not aligned with the business rules or requirements.
  Data Entry Errors: Incorrect data entry during the creation or modification of the contract or POB could lead to this inconsistency.
  
  Solution:
  
  
  Review Event Type and Value Relevance:
  
  Check the configuration of the compound POB and ensure that the event type is appropriate for the value relevance setting. If the event type is "CI", consider changing the value relevance to FALSE if it aligns with your business process.
  Alternatively, if the value relevance should remain TRUE, you may need to change the event type to one that is compatible with value relevance.
  
  
  
  Adjust Configuration Settings:
  
  If the issue is due to configuration, consult with your SAP configuration team to review the settings related to contract management and event types. Adjust them as necessary to ensure compatibility.
  
  
  
  Data Correction:
  
  If the error is due to incorrect data entry, correct the relevant fields in the contract or POB to ensure that the event type and value relevance settings are consistent.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for more detailed information on the specific event types and their compatibility with value relevance settings.
  
  
  
  Testing:
  
  After making changes, test the contract or POB creation process to ensure that the error no longer occurs.
  
  
  
  Related Information:
  
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message. SAP frequently updates its knowledge base with solutions for common problems.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as ME31K (Create Contract) or ME32K (Change Contract) to navigate the contract management module effectively.
  User Roles: Ensure that users have the appropriate roles and authorizations to make changes to contracts and POBs.
  
  If the issue persists after following these steps, it may be beneficial to engage with SAP support or a consultant who specializes in SAP contract management for further assistance.