How To Fix FARR_INFLIGHT_CHECK011 - C0501: Incorrect latest flag for condition &3 for POB &2 in contract &1

FARR_INFLIGHT_CHECK011 - Overview

• Message type: E = Error

• Message class: FARR_INFLIGHT_CHECK -

• Message number: 011

• Message text: C0501: Incorrect latest flag for condition &3 for POB &2 in contract &1

What causes this issue?

The deferral item with the LATEST_DEFITEM flag is not in the largest
reconciliation key in the deferral item table FARR_D_DEFITEM.
Example
The performance obligation POB1 has three deferral items corresponding
to three consecutive periods. The periods can be seen via the
reconciliation key. Two of the deferral items have the latest entry
flag. This is incorrect because only the deferral item with the
reconciliation key corresponding to the most advanced period must have
the latest entry flag.
Reconciliation Key,,,,POB ID,,Condition,,Amount from Original Document
(EUR),,Latest Entry Flag,,
2015012000001,,,,POB1,,PR00,,100,,,,
2016001000001,,,,POB1,,PR00,,100,,X (Incorrect),,
2016002000001(largest),,,,POB1,,PR00,,100,,X (Correct),,
Buffers Checked
- MTS_POB_DATA_BUFFER
- MTS_DEFITEM_DATA_BUFFER_WO_DEL

System Response

The RAI processing is stopped or the manual transaction from the UI is
stopped.

How to fix this error?

You can search for SAP Notes related to Inflight Check C0501 by using
the terms FARR_INFLIGHT_CHECK and C0501.
You can check if there is inconsistent data already in the system.

Procedure for System Administrators

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_INFLIGHT_CHECK011 - C0501: Incorrect latest flag for condition &3 for POB &2 in contract &1 ?

  The SAP error message FARR_INFLIGHT_CHECK011 C0501 indicates that there is an issue with the latest flag for a specific condition in a contract. This error typically arises in the context of contract management, particularly when dealing with conditions related to pricing or agreements in SAP's Flexible Real Estate Management (RE-FX) or similar modules.
  
  Cause:
  The error message suggests that the system has detected an inconsistency with the "latest" flag for a condition in a contract. This can occur due to several reasons:
  
  Data Inconsistency: There may be conflicting entries in the contract conditions, where the latest flag is not set correctly for the specified condition.
  Incorrect Configuration: The configuration settings for the contract or the conditions may not be aligned with the expected business rules.
  Manual Changes: If manual changes were made to the contract or its conditions, it could lead to discrepancies in the latest flag settings.
  System Bugs: Occasionally, bugs in the SAP system