How To Fix FARR_FOUNDATION815 - Acct &1 invalid; revenue adjustment f. linked POB acct must be a P/L acct

SAP Error Message - Details

• Message type: E = Error

• Message class: FARR_FOUNDATION - Revenue Accounting - Foundation

• Message number: 815

• Message text: Acct &1 invalid; revenue adjustment f. linked POB acct must be a P/L acct

What causes this issue?

The validation for the account for recognized revenue for linked POB
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_FOUNDATION815 - Acct &1 invalid; revenue adjustment f. linked POB acct must be a P/L acct ?

  The SAP error message FARR_FOUNDATION815 indicates that there is an issue with the account configuration in the context of revenue adjustments related to a linked Point of Business (POB) account. Specifically, the error states that the account specified (denoted as &1) is invalid because it must be a Profit and Loss (P/L) account.
  Cause:
  
  Account Type Mismatch: The account you are trying to use for the revenue adjustment is not a P/L account. In SAP, revenue adjustments must be recorded against accounts that are classified as P/L accounts, as they directly affect the income statement.
  Configuration Issues: The account may not be properly configured in the system, or it may not be assigned to the correct account type in the chart of accounts.
  Incorrect Account Assignment: The account may have been incorrectly assigned in the transaction or configuration settings.
  
  Solution:
  
  
  Check Account Type:
  
  Go to the SAP transaction code FS00 (G/L Account Master Record) and check the account type of the account specified in the error message.
  Ensure that the account is set up as a P/L account. If it is not, you may need to create a new P/L account or change the existing account type if appropriate.
  
  
  
  Review Configuration:
  
  Ensure that the account is correctly configured in the relevant controlling area and company code.
  Check the account assignment in the configuration settings for revenue adjustments to ensure it points to a valid P/L account.
  
  
  
  Adjust Transaction Data:
  
  If the account is correct but the transaction is still failing, review the transaction data to ensure that the correct account is being referenced.
  If necessary, modify the transaction to use a valid P/L account.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or consult with your SAP support team for specific guidelines on setting up accounts for revenue adjustments.
  
  
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance on account configuration.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as:
  
  FS00: G/L Account Master Record
  OB52: Open and Close Posting Periods
  FSP0: Change G/L Account Master Data
  
  
  User Roles and Authorizations: Ensure that you have the necessary permissions to make changes to account configurations.
  
  By following these steps, you should be able to resolve the error and ensure that the revenue adjustments are processed correctly in SAP.