How To Fix FARR_FOUNDATION813 - Account &1 not valid; recognized revenue account must be a P/L account

SAP Error Message - Details

• Message type: E = Error

• Message class: FARR_FOUNDATION - Revenue Accounting - Foundation

• Message number: 813

• Message text: Account &1 not valid; recognized revenue account must be a P/L account

What causes this issue?

The validation for the recognized revenue account failed because the
determined account is not a profit/loss 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_FOUNDATION813 - Account &1 not valid; recognized revenue account must be a P/L account ?

  The SAP error message FARR_FOUNDATION813 indicates that the account specified in the system is not valid for the recognized revenue account, which must be a Profit and Loss (P/L) account. This error typically arises in the context of the SAP Revenue Accounting and Reporting (RAR) module, where specific account types are required for certain functionalities.
  Cause:
  
  Account Type: The account specified (in this case, &1) is not set up as a Profit and Loss account in the chart of accounts. It may be a balance sheet account or another type that is not suitable for recognized revenue.
  Configuration Issues: The configuration settings in the RAR module may not be correctly set up to recognize the account type.
  Master Data Issues: The account master data may not be correctly maintained, leading to the system not recognizing it as a valid P/L account.
  
  Solution:
  
  
  Check Account Type:
  
  Go to the account master data in the SAP system (transaction code FS00).
  Verify that the account in question is set up as a Profit and Loss account. The account type should be "P&L" (Profit and Loss) and not "Balance Sheet" or any other type.
  
  
  
  Adjust Configuration:
  
  If the account is not a P/L account, you may need to create a new account or change the existing account type to P/L.
  Ensure that the account is included in the correct account determination settings in the RAR configuration.
  
  
  
  Review RAR Configuration:
  
  Check the configuration settings in the RAR module to ensure that the recognized revenue accounts are correctly mapped to the appropriate P/L accounts.
  You can access the configuration settings through transaction code SPRO and navigate to the relevant sections for Revenue Accounting.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help notes related to the RAR module for any specific requirements regarding account types.
  
  
  
  Testing:
  
  After making the necessary changes, perform a test transaction to ensure that the error no longer occurs.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  FS00: Display/Change G/L Account Master Data
  SPRO: SAP Reference IMG (Implementation Guide)
  
  
  
  SAP Notes: Check for any relevant SAP Notes that may provide additional insights or solutions related to this error message.
  
  
  User Roles: Ensure that you have the necessary authorizations to make changes to account master data and configuration settings.
  
  
  Consult with Finance Team: If you are unsure about making changes to account types or configurations, consult with your finance or accounting team to ensure compliance with financial reporting standards.
  
  
  By following these steps, you should be able to resolve the error message FARR_FOUNDATION813 and ensure that the recognized revenue account is valid and properly configured.