How To Fix FARR_FOUNDATION131 - 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: 131

• 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 (performance
obligation) type &v3& and reference account &v4&.

System Response

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

How to fix this error?

Procedure for System Administrators

You need to create a matching entry in your configuration.
Find this configuration step in the Manage Your Solution app under
<ZK>Configure Your Solution # Finance # Revenue and Cost Accounting #
Contract-Based Revenue Recognition -> Configure Account Determination
Rules.</>

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_FOUNDATION131 - Account detern f. recognized revenue for allocation failed for CoC &1 ?

  The SAP error message FARR_FOUNDATION131 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 Contract Accounting (CoC) module. This error typically arises when the system is unable to find a suitable account for recognizing revenue based on the configuration settings.
  Causes:
  
  
  Missing Account Determination: The account determination for recognized revenue may not be properly configured in the system. This can happen if the necessary accounts are not defined in the configuration settings for revenue recognition.
  
  
  Incorrect Configuration: The configuration settings for the revenue recognition process may be incorrect or incomplete. This includes settings in the revenue recognition schema or the assignment of accounts to specific conditions.
  
  
  Master Data Issues: There may be issues with the master data related to the contract or project, such as missing or incorrect account assignments.
  
  
  Transaction Type Issues: The transaction type used may not be correctly mapped to the appropriate accounts for revenue recognition.
  
  
  Solutions:
  
  
  Check Account Determination Configuration:
  
  Navigate to the configuration settings for account determination in the SAP system.
  Ensure that the accounts for recognized revenue are properly defined and assigned to the relevant conditions.
  
  
  
  Review Revenue Recognition Schema:
  
  Check the revenue recognition schema to ensure that it is correctly set up and that all necessary accounts are included.
  
  
  
  Verify Master Data:
  
  Review the master data for the relevant contracts or projects to ensure that all necessary account assignments are in place.
  Make sure that the relevant account assignments are correctly maintained in the master data.
  
  
  
  Check Transaction Type Mapping:
  
  Ensure that the transaction types used in the revenue recognition process are correctly mapped to the appropriate accounts.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance on configuring account determination for revenue recognition.
  
  
  
  Testing:
  
  After making changes, perform tests to ensure that the error is resolved and that revenue recognition is functioning as expected.
  
  
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance on configuration.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OBYC (for account determination) and FARR (for revenue recognition) to navigate the configuration settings.
  User Forums: Consider checking SAP community forums or user groups for discussions related to this error, as other users may have encountered and resolved similar issues.
  
  If the issue persists after following these steps, it may be beneficial to consult with an SAP functional consultant or support team for further assistance.