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

SAP Error Message - Details

• 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 the specified account principle and company code.
  Identify any transactions that may need to be reversed or cleared.
  
  
  
  Clear or Reverse Transactions:
  
  If there are transactions that should not be there, consider reversing them using the appropriate transaction codes (e.g., AB08 for reversing asset transactions).
  Ensure that all necessary transactions are completed and that there are no pending items.
  
  
  
  Check Period Status:
  
  Verify the status of the accounting periods in transaction OB52. Ensure that the periods are open for the transactions you are trying to process.
  If necessary, open the periods for the relevant company code and account principle.
  
  
  
  Run Consistency Checks:
  
  Use transaction RAAB (Asset Accounting: Consistency Check) to check for inconsistencies in asset accounting data.
  Resolve any issues that are identified during the consistency check.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or notes related to the specific error message for additional guidance or updates that may pertain to your version of SAP.
  
  
  
  Contact Support:
  
  If the issue persists after following the above steps, consider reaching out to your SAP support team or consulting SAP Notes for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in Asset Accounting, such as:
  
  AB01: Asset Posting
  AB02: Asset Transfer
  AB03: Asset Retirement
  AW01N: Asset Explorer
  
  
  SAP Notes: Search for SAP Notes related to FARR_RAI718 for any specific patches or updates that may address the issue.
  Documentation: Review the SAP Help Portal for detailed information on Asset Accounting processes and error handling.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.