How To Fix FARR_FOUNDATION811 - Account &1 is not valid; contract liability account must be a B/S acct


FARR_FOUNDATION811 - Overview

  • 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

  • Show details Hide details
  • What causes this issue?

    The validation for the contract liability account failed because the
    determined account is not a balance sheet account.

    System Response

    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?

    Check the account configuration under
    <DS:SIMG.FI_GL_MD_FS00_DC>Edit G/L Account Centrally</>.

    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_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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