How To Fix FARR_RAI714 - Class type &2 is not assigned to item type &1

FARR_RAI714 - Overview

• Message type: E = Error

• Message class: FARR_RAI - Revenue Accounting Item

• Message number: 714

• Message text: Class type &2 is not assigned to item type &1

What causes this issue?

The system tried to create revenue accounting items for
<DS:DE.FARR_RAIC_TYPE>class type</> &v2& and
<DS:DE.FARR_RAI_SRCTY>item type</> &v1&. This combination is not
expected in Customizing.

System Response

It is not possible to store the revenue accounting items.

How to fix this error?

Start transaction SM30 and enter view
<DS:SIMG.FARR_V_SRCTY>FARR_V_SRCTY</>. Maintain the values for the
revenue accounting class type.

Procedure for System Administrators

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.

FARR_RAI714 - Details

• The SAP error message FARR_RAI714 indicates that there is a mismatch between the class type and the item type in the context of Asset Accounting (FI-AA) or related modules. Specifically, it means that the class type you are trying to use is not assigned to the specified item type.
  
  Cause:
  
  Configuration Issue: The class type you are trying to use is not configured correctly in the system. This could be due to missing assignments in the configuration settings.
  Incorrect Item Type: The item type you are working with may not be compatible with the class type you are trying to assign.
  Custom Development: If there are custom developments or modifications in the system, they may not align with the standard configurations.
  
  
  Solution:
  To resolve this error, you can follow these steps:
  
  
  Check Class Type Assignment:
  
  Go to the SAP Customizing Implementation Guide (SPRO).
  Navigate to Financial Accounting (New) > Asset Accounting > Integration > Define Class Types.
  Ensure that the