How To Fix FARR_RAI121 - Enter an accounting principle before selecting a company code

SAP Error Message - Details

• Message type: E = Error

• Message class: FARR_RAI - Revenue Accounting Item

• Message number: 121

• Message text: Enter an accounting principle before selecting a company code

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message FARR_RAI121 - Enter an accounting principle before selecting a company code ?

  The SAP error message FARR_RAI121 indicates that you need to enter an accounting principle before you can select a company code in the context of Asset Accounting (FI-AA). This error typically occurs when you are trying to perform an action related to asset management without having specified the necessary accounting principle.
  Cause:
  The error is caused by the absence of an accounting principle in the configuration or transaction you are trying to execute. In SAP, accounting principles define the rules and guidelines for financial reporting and are essential for the proper functioning of the Asset Accounting module.
  Solution:
  To resolve this error, you need to follow these steps:
  
  
  Enter an Accounting Principle:
  
  Navigate to the relevant transaction where you encountered the error.
  Look for a field or option to enter the accounting principle. This is usually found in the initial screen or in the selection criteria of the transaction.
  
  
  
  Check Configuration:
  
  If you are unsure about the accounting principles available, you can check the configuration settings in the SAP system.
  Go to the following path in the SAP Easy Access menu:
  SPRO -> Financial Accounting -> Asset Accounting -> Integration -> Define Accounting Principles
  
  Ensure that the accounting principles are defined and that they are correctly assigned to the company code you are working with.
  
  
  
  Assign Accounting Principles to Company Code:
  
  Make sure that the accounting principle you want to use is assigned to the company code. This can be done in the same configuration area mentioned above.
  
  
  
  Check User Authorizations:
  
  Ensure that you have the necessary authorizations to access and modify accounting principles and company codes.
  
  
  
  Consult Documentation:
  
  If you are still facing issues, refer to the SAP documentation or consult with your SAP support team for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: You may encounter this error in various transactions related to Asset Accounting, such as asset acquisition, transfer, or retirement.
  SAP Notes: Check SAP Notes for any specific patches or updates related to this error message.
  User Training: Ensure that users are trained on the importance of accounting principles in the context of asset management to prevent this error in the future.
  
  By following these steps, you should be able to resolve the FARR_RAI121 error and proceed with your asset accounting tasks in SAP.