How To Fix FARR_RAI718 - Processed items exist for acct. principle &1, comp. code &2, package &3

FARR_RAI718 - Overview

• Message type: E = Error

• Message class: FARR_RAI - Revenue Accounting Item

• Message number: 718

• Message text: Processed items exist for acct. principle &1, comp. code &2, package &3

What causes this issue?

Processed revenue accounting items already exist for accounting
principle &v1&, company code &v2& and package &v3&. If you add a new
accounting principle, the processed items are not processed for this
accounting principle. This leads to loss of data.
There is no function available for adding a new accounting principle to
an existing company code. For more information, see SAP Note 2083934.

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?

In a <ZH>productive system</>, you cannot
add a new accounting principle to the company code. Make sure all
accounting principles of a company code (as well as relevant packages)
have <LS>Migration</> status before you process revenue accounting
items.
In a test system, you can add the new
accounting principle. However, processed revenue accounting
items are not considered by this accounting principle. The new
accounting principle only applies to new revenue accounting items.

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_RAI718 - Processed items exist for acct. principle &1, comp. code &2, package &3 ?

  The SAP error message FARR_RAI718 indicates that there are processed items for a specific account principle, company code, and package. This typically occurs in the context of Asset Accounting (FI-AA) when trying to execute certain transactions or processes, such as closing periods or running reports.
  
  Cause:
  The error is usually caused by one of the following reasons:
  
  Processed Items Exist: There are already processed items (e.g., transactions, postings) related to the specified account principle and company code that have not been cleared or reversed.
  Open Periods: The system may be trying to perform an operation in a period that has already been closed or has processed items.
  Inconsistent Data: There may be inconsistencies in the data related to asset transactions that need to be resolved before proceeding.
  
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Processed Items:
  
  Use transaction codes like AW01N (Asset Explorer) or S_ALR_87011963 (Asset History Sheet) to review the processed items for