How To Fix FARR_CONTRACT_MAIN862 - You cannot set change type of perf. oblig. &3 to Contract Modification

FARR_CONTRACT_MAIN862 - Overview

• Message type: E = Error

• Message class: FARR_CONTRACT_MAIN - Revenue Accounting: Contract Management

• Message number: 862

• Message text: You cannot set change type of perf. oblig. &3 to Contract Modification

What causes this issue?

You cannot set the change type of performance obligation &v3& in period
&v2& of fiscal year &v1& to <ZK>Contract Modification</> if the
following conditions are met:
Period &v2& of fiscal year &v1& is not the latest period.
There is a change of type <ZK>Contract Modification</> in the period
later after period &v2&.

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.

FARR_CONTRACT_MAIN862 - Details

• The SAP error message FARR_CONTRACT_MAIN862 indicates that there is an issue with changing the type of performance obligation in a contract to "Contract Modification." This error typically arises in the context of contract management within SAP, particularly in the area of contract accounting or revenue recognition.
  
  Cause:
  The error can occur due to several reasons, including:
  
  
  Incorrect Status of the Performance Obligation: The performance obligation may not be in a status that allows for modification. For example, if the obligation is already completed or has been fully billed, it may not be eligible for a change in type.
  
  
  
  Configuration Issues: There may be configuration settings in the SAP system that restrict the change of performance obligations under certain conditions.
  
  
  Business Rules: There may be specific business rules or validations in place that prevent the change of the performance obligation type based on the current state of the contract or the performance obligation.
  
  
  Data Inconsistencies: There could