How To Fix FARR_CONTRACT_MAIN820 - Accounting principles are not identical

SAP Error Message - Details

• Message type: E = Error

• Message class: FARR_CONTRACT_MAIN - Revenue Accounting: Contract Management

• Message number: 820

• Message text: Accounting principles are not identical

What causes this issue?

The contract and its performance obligations contain different
accounting principles.

System Response

The system creates or changes a new contract with an error when the
contract's accounting principle is different from that of its
performance obligation(s).

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

The system creates or changes a new performance obligation with an error
when its accounting principle is different from other performance
obligations in the same contract.

How to fix this error?

You can change in RAI to make sure that all accounting principles of a
contract and its performance obligation(s) are identical.

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_MAIN820 - Accounting principles are not identical ?

  The SAP error message FARR_CONTRACT_MAIN820 indicates that there is a mismatch in accounting principles between the contract and the associated accounting data. This error typically arises in the context of Asset Accounting (FI-AA) when trying to process contracts that involve different accounting principles.
  Cause:
  
  
  Different Accounting Principles: The error occurs when the accounting principles defined for the contract do not match those defined for the asset or the transaction being processed. This can happen if:
  
  The contract is created under one accounting principle (e.g., local GAAP) while the asset is under another (e.g., IFRS).
  The configuration settings for the accounting principles in the system are not aligned.
  
  
  
  Configuration Issues: There may be inconsistencies in the configuration of the accounting principles in the SAP system, leading to this error when trying to execute transactions that involve both the contract and the asset.
  
  
  Solution:
  
  
  Check Accounting Principles: Review the accounting principles assigned to both the contract and the asset. Ensure that they are the same. You can do this by:
  
  Navigating to the contract in the SAP system and checking its accounting principle.
  Checking the asset master data to see which accounting principle is assigned.
  
  
  
  Adjust Configuration: If the accounting principles need to be aligned, you may need to adjust the configuration settings in the SAP system. This may involve:
  
  Modifying the contract to use the same accounting principle as the asset.
  Changing the asset's accounting principle if it is permissible and does not violate accounting standards.
  
  
  
  Consult Documentation: Refer to SAP documentation or your organization's internal guidelines for handling accounting principles. This can provide insights into how to properly configure and manage contracts and assets.
  
  
  Seek Help from SAP Support: If the issue persists or if you are unsure about making changes, consider reaching out to SAP support or your internal SAP team for assistance.
  
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes such as AS01 (Create Asset), AS02 (Change Asset), or FARR (Contract Management) to review and modify the relevant data.
  Customizing Settings: The settings for accounting principles can typically be found in the SAP Customizing Implementation Guide (IMG) under Financial Accounting (FI) > Asset Accounting > Integration with Other Components.
  Documentation: SAP Help Portal and SAP Notes can provide additional guidance on handling accounting principles and related errors.
  
  By following these steps, you should be able to resolve the FARR_CONTRACT_MAIN820 error and ensure that your contracts and assets are aligned in terms of accounting principles.