How To Fix FARR_RAI626 - Error determining performance obligation for revenue accounting item &1

SAP Error Message - Details

• Message type: E = Error

• Message class: FARR_RAI - Revenue Accounting Item

• Message number: 626

• Message text: Error determining performance obligation for revenue accounting 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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FARR_RAI626 - Error determining performance obligation for revenue accounting item &1 ?

  The SAP error message FARR_RAI626 indicates that there is an issue with determining the performance obligation for a revenue accounting item. This error typically arises in the context of SAP Revenue Accounting and Reporting (RAR), which is used to manage revenue recognition in compliance with accounting standards such as IFRS 15 and ASC 606.
  Cause of the Error
  The error can be caused by several factors, including:
  
  
  Missing or Incorrect Configuration: The performance obligation may not be properly configured in the system. This could be due to missing entries in the relevant customizing tables or incorrect settings in the revenue recognition configuration.
  
  
  Incomplete Data: The revenue accounting item may lack necessary data, such as the relevant contract or item details that are required to determine the performance obligation.
  
  
  Data Consistency Issues: There may be inconsistencies in the data related to the sales order, contract, or billing document that prevent the system from correctly identifying the performance obligation.
  
  
  Versioning Issues: If there are multiple versions of contracts or agreements, the system may be unable to determine which version to use for performance obligation determination.
  
  
  Solution
  To resolve the error, you can take the following steps:
  
  
  Check Configuration: Review the configuration settings for revenue accounting and ensure that performance obligations are correctly defined. This includes checking the relevant customizing settings in transaction codes like SPRO.
  
  
  Validate Data: Ensure that all necessary data for the revenue accounting item is complete and accurate. This includes checking the associated sales orders, contracts, and billing documents for any missing or incorrect information.
  
  
  Use Transaction Codes: Utilize transaction codes such as FARR (for Revenue Accounting) to analyze the specific revenue accounting item and identify any issues.
  
  
  Review Logs: Check the application logs for more detailed error messages or warnings that can provide additional context about the issue. You can use transaction code SLG1 to view application logs.
  
  
  Consult Documentation: Refer to SAP documentation or notes related to revenue accounting and performance obligations for any specific guidance or known issues.
  
  
  Contact SAP Support: If the issue persists after checking the above points, consider reaching out to SAP support for further assistance. They may provide patches or additional insights based on the specific version of your SAP system.
  
  
  Related Information
  
  SAP Notes: Search for relevant SAP Notes that may address this specific error or provide updates and patches.
  SAP Community: Engage with the SAP Community forums to see if other users have encountered similar issues and what solutions they have found.
  Training and Documentation: Review SAP training materials or documentation related to Revenue Accounting and Reporting to ensure that your understanding of performance obligations aligns with best practices.
  
  By following these steps, you should be able to identify and resolve the cause of the FARR_RAI626 error in your SAP system.