How To Fix FARR_FOUNDATION123 - Account detern f. recognized revenue for allocation failed for CoC &1

FARR_FOUNDATION123 - Overview

• Message type: E = Error

• Message class: FARR_FOUNDATION - Revenue Accounting - Foundation

• Message number: 123

• Message text: Account detern f. recognized revenue for allocation failed for CoC &1

What causes this issue?

The account determination for the <ZK>recognized revenue for allocation
</>account failed because the system found no configuration entry for
company code &v1&, accounting principle &v2&, POB type &v3& and
reference account &v4&.

System Response

The revenue accounting item was not processed for accounting principle
&v2&.

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

How to fix this error?

Maintain a matching entry in the
<DS:TRAN.FARR_ACCT_DETER_CUST>BRF+ Account Determination Rules</> on
the tab <ZK>Recognized Revenue for Allocation</>.

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_FOUNDATION123 - Account detern f. recognized revenue for allocation failed for CoC &1 ?

  The SAP error message FARR_FOUNDATION123 indicates that there is an issue with the account determination for recognized revenue in the context of revenue recognition processes, particularly in the context of the SAP Revenue Accounting and Reporting (RAR) module. The error message typically arises when the system is unable to find a suitable account for recognizing revenue for a specific allocation.
  Causes:
  
  
  Missing Account Determination: The account determination for recognized revenue may not be properly configured in the system. This can happen if the necessary settings in the configuration are incomplete or incorrect.
  
  
  Incorrect Configuration: The configuration settings for the revenue recognition process may not align with the specific conditions of the transaction or allocation.
  
  
  Master Data Issues: There may be issues with the master data, such as missing or incorrect information in the relevant master records (e.g., customer, contract, or project).
  
  
  Inconsistent Allocation: The allocation being processed may not have a corresponding account defined in