How To Fix FARR_CONTRACT_MAIN858 - The total allocated amount &1 is not equal to contract price &2.

FARR_CONTRACT_MAIN858 - Overview

• Message type: E = Error

• Message class: FARR_CONTRACT_MAIN - Revenue Accounting: Contract Management

• Message number: 858

• Message text: The total allocated amount &1 is not equal to contract price &2.

What causes this issue?

After allocating amounts of performance obligations, you may find that
the total allocated amount &v1& is not equal to the contract price &v2&.
Assume there is a contract 4 for which total revenue is 500 USD.
Contract 4 contains performance obligations 10, 11, 12, 13, 14, and 15.
Of these, performance obligation 10 is a compound performance obligation
that has two lower-level performance obligations, performance
obligations 11 and 12.
The table below lists the performance obligation hierarchy, allocated
amount, BOM indicator, and performance type.
Contract 4
Total Revenue,,500 USD
Performance Obligation ID,,High Level Performance Obligation,,Allocated
Amount ,,BOM Indicator,,Performance Obligation Type
10,, ,,200,,False,,Compound
11,,10,,100,,False,,Non-distinct
12,,10,,100,,False,,Non-distinct
13,, ,,100,,False,,Distinct
14,, ,,100,,False,,Distinct
15,, ,,100,,False,,Distinct
If you performed a calculation of the total allocated amount, it would
add up to 700 USD. However, the system ignores the amount of performance
obligation 10 and aggregates from performance obligations 11, 12, 13,
14, and 15. As a result, the total allocated amount is equal to contract
price after all.,,

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

System Response

In terms of compound performance obligation, the system aggregates
amounts from lower-level performance obligations when calculating
allocated amount.

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_MAIN858 - The total allocated amount &1 is not equal to contract price &2. ?

  The SAP error message FARR_CONTRACT_MAIN858 indicates that there is a discrepancy between the total allocated amount and the contract price in the context of contract management, particularly in the area of asset accounting or financial contracts. This error typically arises when the system detects that the sum of the amounts allocated to a contract does not match the expected contract price.
  
  Cause:
  
  Data Entry Errors: There may be incorrect data entry when creating or modifying the contract or allocation amounts.
  Changes in Contract Terms: If the contract terms were modified after allocations were made, this could lead to inconsistencies.
  Incomplete Allocations: Not all expected amounts have been allocated to the contract, leading to a mismatch.
  Currency Conversion Issues: If the contract involves multiple currencies, discrepancies may arise due to conversion rates.
  System 
  Configuration Issues: There may be issues with the configuration of the contract management module in SAP.
  
  
  Solution:
  
  Verify Contract Details: Check the contract details to ensure