How To Fix FARR_RAI757 - Transfer dates must be the same for all accounting principles

FARR_RAI757 - Overview

• Message type: E = Error

• Message class: FARR_RAI - Revenue Accounting Item

• Message number: 757

• Message text: Transfer dates must be the same for all accounting principles

What causes this issue?

Transfer date of the company code &v1&, accounting principle &v2& and
package &v3& is not the same as in other accounting principles of the
company code with the same package.

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?

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

FARR_RAI757 - Details

• The SAP error message FARR_RAI757 indicates that there is a mismatch in the transfer dates for different accounting principles in the Asset Accounting (FI-AA) module. This error typically occurs when you are trying to perform a transaction that involves multiple accounting principles, such as transferring assets or posting transactions that affect multiple ledgers.
  
  Cause:
  The primary cause of this error is that the transfer dates for the different accounting principles (e.g., local GAAP, IFRS, etc.) do not match. In SAP, when you are dealing with multiple accounting principles, the system requires that certain key dates, such as transfer dates, be consistent across all principles to ensure accurate financial reporting and compliance.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Transfer Dates: Review the transfer dates for the accounting principles involved in the transaction. Ensure that they are the same for all relevant accounting principles.
  
  
  Adjust Dates: If you find discrepancies, adjust the