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

SAP Error Message - Details

• 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.

Smart SAP Assistant

• What is the cause and solution for SAP error message FARR_RAI757 - Transfer dates must be the same for all accounting principles ?

  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 transfer dates so that they match across all accounting principles. This may involve changing the date in the transaction you are trying to execute.
  
  
  Review Configuration: If the issue persists, check the configuration settings for the Asset Accounting module. Ensure that the settings for the accounting principles are correctly defined and that they allow for consistent date handling.
  
  
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on handling multiple accounting principles and the requirements for transfer dates.
  
  
  Test in a Sandbox: If possible, replicate the issue in a test or sandbox environment to better understand the cause and to test potential solutions without affecting production data.
  
  
  Seek Help from SAP Support: If you are unable to resolve the issue, consider reaching out to SAP support or your internal SAP team for further assistance.
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in Asset Accounting, such as AS01 (Create Asset), AS02 (Change Asset), and AS03 (Display Asset).
  Documentation: Review SAP notes and documentation related to Asset Accounting and multi-GAAP handling.
  User Roles: Ensure that you have the appropriate permissions to make changes to asset data and accounting principles.
  
  By following these steps, you should be able to identify and resolve the cause of the FARR_RAI757 error in SAP.