How To Fix FARR_RAI574 - No residence time entered for exempted and &1 items

SAP Error Message - Details

• Message type: E = Error

• Message class: FARR_RAI - Revenue Accounting Item

• Message number: 574

• Message text: No residence time entered for exempted and &1 items

What causes this issue?

For the deletion of exempted items, you have to make an entry for the
residence time.

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?

Maintain the residence time for each characteristic of the
<DS:DE.FARR_RAI_EXCTYPE>exemption type</> in customizing under Financial
Accounting (New) > Revenue Accounting > Inbound Processing > Archiving
and Deletion >
<DS:SIMG.FARR_V_RAI05RES>Maintain Residence Time for Exempted Revenue
Accounting Items</>:
If it is possible to restore the item, a minimum of 365 days is required
If it is NOT possible to restore the item, a minimum of 100 days is
required

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_RAI574 - No residence time entered for exempted and &1 items ?

  The SAP error message FARR_RAI574 indicates that there is no residence time entered for exempted items in the context of the SAP system's handling of asset accounting or related financial processes. This error typically arises in the context of asset retirement, asset transfers, or similar transactions where residence time is a critical factor for compliance and reporting.
  Cause:
  
  Missing Residence Time: The primary cause of this error is that the residence time for exempted items has not been defined in the system. Residence time is often required for tax or regulatory purposes, especially for items that are exempt from certain charges or taxes.
  Configuration Issues: There may be a configuration issue in the asset accounting settings where the residence time for exempted items has not been set up correctly.
  Data Entry Errors: During the transaction entry, the user may have inadvertently skipped the residence time field for exempted items.
  
  Solution:
  
  
  Define Residence Time:
  
  Navigate to the relevant configuration settings in SAP (usually found in the Asset Accounting module).
  Define the residence time for the exempted items. This can typically be done in the configuration settings for asset classes or specific asset master records.
  
  
  
  Check Asset Master Data:
  
  Review the asset master data for the items in question. Ensure that the residence time is correctly entered for all relevant asset records.
  If necessary, update the asset master records to include the required residence time.
  
  
  
  Transaction Entry:
  
  If the error occurs during a specific transaction, ensure that all required fields, including residence time, are filled out correctly before saving the transaction.
  If the transaction is being processed in bulk, consider reviewing the data input method to ensure that all necessary fields are populated.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance on handling residence time and exempted items in your version of SAP.
  
  
  
  Contact Support:
  
  If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  
  
  Related Information:
  
  Asset Accounting (FI-AA): This module deals with the management of fixed assets, including acquisition, depreciation, and retirement.
  Exempted Items: These are items that may not be subject to certain taxes or charges, and their handling may require specific configurations in the system.
  Residence Time: This is often related to the duration an asset is held in a particular location or under specific conditions, which can affect tax calculations and compliance reporting.
  
  By addressing the missing residence time and ensuring proper configuration, you should be able to resolve the FARR_RAI574 error in SAP.