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

SAP Error Message - Details

• 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 the account determination settings.
  
  
  Solutions:
  
  
  Check Account Determination Configuration:
  
  Navigate to the configuration settings for account determination in the SAP RAR module.
  Ensure that the necessary accounts for recognized revenue are defined for the relevant allocation types and conditions.
  
  
  
  Review Master Data:
  
  Verify that all relevant master data (e.g., customer accounts, contracts, projects) is correctly set up and complete.
  Ensure that the necessary fields are populated and that there are no inconsistencies.
  
  
  
  Analyze the Allocation:
  
  Review the specific allocation that triggered the error. Check if it has been set up correctly and if it meets the criteria for recognized revenue.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or notes related to the FARR_FOUNDATION123 error for any specific guidance or updates that may address the issue.
  
  
  
  Testing and Validation:
  
  After making changes, perform tests to validate that the account determination works as expected and that the error no longer occurs.
  
  
  
  Seek Support:
  
  If the issue persists, consider reaching out to SAP support or consulting with an SAP expert who specializes in the RAR module for further assistance.
  
  
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that may provide additional insights or fixes related to this error message.
  Transaction Codes: Familiarize yourself with transaction codes related to account determination and revenue recognition, such as OBYC (for account determination) and FARR (for revenue accounting).
  Documentation: Review the SAP Help Portal for detailed documentation on revenue recognition processes and account determination settings.
  
  By following these steps, you should be able to identify the root cause of the error and implement the necessary solutions to resolve it.