Message type: E = Error
Message class: FARR_FOUNDATION - Revenue Accounting - Foundation
Message number: 811
Message text: Account &1 is not valid; contract liability account must be a B/S acct
The validation for the contract liability account failed because the
determined account is not a balance sheet account.
The system issues an error message and will not allow you to continue with this transaction until the error is resolved.
Check the account configuration under
<DS:SIMG.FI_GL_MD_FS00_DC>Edit G/L Account Centrally</>.
Error message extract from SAP system. Copyright SAP SE.
FARR_FOUNDATION811
- Account &1 is not valid; contract liability account must be a B/S acct ?The SAP error message FARR_FOUNDATION811 indicates that the account specified in the transaction is not valid for the operation being performed. Specifically, it states that the contract liability account must be a balance sheet (B/S) account. This error typically arises in the context of contract accounting or asset accounting in SAP.
Cause: Incorrect Account Type: The account specified (in this case, &1) is not set up as a balance sheet account in the SAP system. Contract liability accounts must be balance sheet accounts because they represent obligations or liabilities that the company has.
Configuration Issues: The account may not be properly configured in the chart of accounts or may not be assigned to the correct account type. Data Entry Error: There may have been a mistake in entering the account number in the transaction.
Solution: Check Account Configuration: Go to the transaction code FS00 (G/L Account Master Record) and check the account settings for the account number
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