How To Fix FARR_RAI761 - Enter a package transfer date later than or equal to comp.code/acct.pr.

FARR_RAI761 - Overview

• Message type: E = Error

• Message class: FARR_RAI - Revenue Accounting Item

• Message number: 761

• Message text: Enter a package transfer date later than or equal to comp.code/acct.pr.

What causes this issue?

The transfer date of the package &v3& with company code &v1& and
accounting principle &v2& must be later than or equal to the transfer
date of the company code and accounting principle combination.

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_RAI761 - Enter a package transfer date later than or equal to comp.code/acct.pr. ?

  The SAP error message FARR_RAI761 indicates that there is an issue with the package transfer date in relation to the company code and account period. This error typically arises in the context of asset accounting (FI-AA) when trying to perform a transfer of an asset or a related transaction.
  
  Cause:
  The error occurs when the package transfer date you are trying to enter is earlier than the accounting period that is currently open for the company code. In SAP, each accounting period has specific rules regarding the transactions that can be posted, and the system prevents posting transactions that would violate these rules.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check the Package Transfer Date: Ensure that the date you are entering for the package transfer is equal to or later than the last day of the previous accounting period that is closed. 
  
  
  Review Company Code Settings: Verify the settings for