How To Fix FARR_PROCESS_CHECK069 - Performance obligation &1 for cost of acquisition must be distinct

FARR_PROCESS_CHECK069 - Overview

• Message type: E = Error

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

• Message number: 069

• Message text: Performance obligation &1 for cost of acquisition must be distinct

What causes this issue?

The performance obligation for cost of acquisition is non-distinct. This
is not supported.

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?

Adjust the settings for the derivation of the attributes of the cost of
acquisition performance obligation: It must be set up as distinct.

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_PROCESS_CHECK069 - Performance obligation &1 for cost of acquisition must be distinct ?

  The SAP error message FARR_PROCESS_CHECK069 indicates that there is an issue with the performance obligation related to the cost of acquisition in the context of revenue recognition. This error typically arises in the SAP Revenue Accounting and Reporting (RAR) module when the system detects that the performance obligation specified is not distinct, which is a requirement under IFRS 15 and ASC 606.
  
  Cause:
  The error occurs when:
  
  Non-Distinct Performance Obligation: The performance obligation associated with the cost of acquisition is not considered distinct. In revenue recognition, a performance obligation is distinct if the customer can benefit from the good or service on its own or together with other readily available resources.
  Incorrect Configuration: There may be issues with the configuration of the performance obligations in the system, leading to the system not recognizing them as distinct.
  Data Entry Errors: There could be errors in the data entered for the performance obligations, such as incorrect assignment