How To Fix FARR_RAI220 - Error in G/L customizing for company code &1 and acct. principle &2

FARR_RAI220 - Overview

• Message type: E = Error

• Message class: FARR_RAI - Revenue Accounting Item

• Message number: 220

• Message text: Error in G/L customizing for company code &1 and acct. principle &2

What causes this issue?

The system cannot save your settings for company code &v1& and
accounting principle &v2& because it cannot check the transfer date
against the posting periods due to incomplete or inconsistent G/L
customizing.

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 settings for the general ledgers in the
<DS:TRAN.SPRO>Implementation Guide (IMG)</>.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

FARR_RAI220 - Details

• The SAP error message FARR_RAI220 indicates that there is an issue with the General Ledger (G/L) customizing for a specific company code and account principle. This error typically arises in the context of Asset Accounting (FI-AA) when there are inconsistencies or missing configurations in the G/L settings related to asset transactions.
  
  Cause:
  
  Missing Configuration: The G/L account settings for the specified company code and account principle may not be properly configured in the system.
  Inconsistent Settings: There may be inconsistencies between the asset accounting settings and the G/L account settings.
  Account Determination Issues: The account determination for asset transactions may not be correctly set up, leading to the inability to post transactions.
  Inactive Account: The G/L account specified may be inactive or not available for the relevant transaction type.
  
  
  Solution:
  
  
  Check G/L Account Customizing:
  
  Navigate to the customizing settings for Asset Accounting (Transaction code: SPRO).
  Go to Financial Accounting (New) > Asset Accounting > Integration > Define G/L Accounts