How To Fix FARR_CONTRACT_MAIN880 - Recognized Revenue acct. cannot derive for per. ob. &1

FARR_CONTRACT_MAIN880 - Overview

• Message type: E = Error

• Message class: FARR_CONTRACT_MAIN - Revenue Accounting: Contract Management

• Message number: 880

• Message text: Recognized Revenue acct. cannot derive for per. ob. &1

What causes this issue?

None of the account determination rules that you have defined return the
<ZK>Recognized Revenue</> account as expected.

System Response

The system prevents the performance obligation and its contract from
being created or updated. The contract is listed in the Contracts with
Errors worklist for review.

How to fix this error?

Make sure that at least one of the determination rules can return a G/L
account as the Recognized Revenue account. This account is determined by
the rules in the <LS>Recognized Revenue</> section.
<ZH>Note</>: This typically occurs when the attributes of the
performance obligation and the reference account do not match any of the
determination rules that you have defined for this account.

Procedure for System Administrators

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

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FARR_CONTRACT_MAIN880 - Recognized Revenue acct. cannot derive for per. ob. &1 ?

  The SAP error message FARR_CONTRACT_MAIN880 indicates that the system is unable to derive the recognized revenue account for a particular period obligation. This typically occurs in the context of contract accounting or revenue recognition processes in SAP, particularly when using the SAP Revenue Accounting and Reporting (RAR) module.
  
  Cause:
  The error can be caused by several factors, including:
  
  
  Missing Configuration: The recognized revenue account may not be properly configured in the system. This could be due to missing settings in the revenue recognition configuration or in the account determination settings.
  
  
  Incorrect Account Assignment: The account assignment for the revenue recognition may not be correctly set up in the contract or the related master data.
  
  
  Period Obligation Issues: The specific period obligation referenced in the error message may not have the necessary data or configuration to derive the recognized revenue account.
  
  
  Missing Master Data: Required master data (like revenue accounts, cost elements, etc.) may be missing or