How To Fix FARR_RAI624 - New performance obligation will be created for item &1

FARR_RAI624 - Overview

• Message type: E = Error

• Message class: FARR_RAI - Revenue Accounting Item

• Message number: 624

• Message text: New performance obligation will be created for item &1

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_RAI624 - New performance obligation will be created for item &1 ?

  The SAP error message FARR_RAI624, which states "New performance obligation will be created for item &1," typically occurs in the context of revenue recognition and contract management within SAP S/4HANA or SAP ERP systems. This message is related to the management of performance obligations under the new revenue recognition standards (IFRS 15 / ASC 606).
  
  Cause:
  The error message indicates that the system is attempting to create a new performance obligation for a specific item in a contract. This can happen due to several reasons:
  
  Contract Structure: The contract may not be structured correctly, leading to the creation of multiple performance obligations when only one was intended.
  Item Configuration: The item in question may have attributes or settings that require it to be treated as a separate performance obligation.
  Revenue Recognition Rules: The rules defined for revenue recognition may dictate that a new performance obligation is necessary based on the characteristics of the item or