How To Fix FARR_PROCESS_CHECK062 - Main cost condition type missing for performance obligation &1

SAP Error Message - Details

• Message type: E = Error

• Message class: FARR_PROCESS_CHECK - Messages for Input Checks in Process Layer

• Message number: 062

• Message text: Main cost condition type missing for performance obligation &1

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FARR_PROCESS_CHECK062 - Main cost condition type missing for performance obligation &1 ?

  The SAP error message FARR_PROCESS_CHECK062 indicates that there is a missing main cost condition type for a performance obligation in the context of revenue recognition. This error typically arises in the SAP S/4HANA system when dealing with the Revenue Accounting and Reporting (RAR) module, particularly when processing performance obligations related to contracts.
  
  Cause:
  The error occurs when the system cannot find a main cost condition type associated with a performance obligation. This can happen due to several reasons:
  
  
  Configuration Issues: The main cost condition type may not be properly configured in the system.
  Missing Data: The performance obligation may not have been assigned a valid main cost condition type.
  Inconsistent Master Data: There may be inconsistencies in the master data related to the performance obligation or the associated contract.
  Incorrect Settings: The settings in the revenue recognition configuration may not align with the requirements for the performance obligation.
  
  
  Solution:
  To resolve the error, you can take the following