How To Fix FARR_CONTRACT_UI024 - Selected contracts have different accounting principles

FARR_CONTRACT_UI024 - Overview

• Message type: E = Error

• Message class: FARR_CONTRACT_UI - Revenue Accounting - Contract UI

• Message number: 024

• Message text: Selected contracts have different accounting principles

Self-Explanatory Message

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To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FARR_CONTRACT_UI024 - Selected contracts have different accounting principles ?

  The SAP error message FARR_CONTRACT_UI024 indicates that the selected contracts have different accounting principles, which prevents the system from processing them together. This error typically arises in the context of contract management, particularly when dealing with contracts that are subject to different accounting standards (e.g., IFRS vs. local GAAP).
  
  Cause:
  
  Different Accounting Principles: The contracts you are trying to process or analyze are associated with different accounting principles. For example, one contract may be set up under IFRS while another is under local GAAP.
  Contract Configuration: Each contract in SAP can be configured with specific accounting principles, and if they do not match, the system will not allow operations that require uniformity.
  Data Entry Errors: There may be inconsistencies in how contracts were entered into the system, leading to mismatched accounting principles.
  
  
  Solution:
  
  Review Contracts: Check the accounting principles associated with each of the selected contracts. You can do this by navigating to the contract details