How To Fix FARR_RAI764 - You must close the migration period in the productive system.

FARR_RAI764 - Overview

• Message type: E = Error

• Message class: FARR_RAI - Revenue Accounting Item

• Message number: 764

• Message text: You must close the migration period in the productive system.

What causes this issue?

The transfer date posting period with company code &v1& and accounting
principle &v2& is not closed in revenue accounting. Please close it
before you continue.

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_RAI764 - You must close the migration period in the productive system. ?

  The SAP error message FARR_RAI764 indicates that you need to close the migration period in the productive system before proceeding with certain actions related to asset accounting or migration processes. This error typically arises in the context of the Asset Accounting (FI-AA) module when there are open migration periods that need to be addressed.
  
  Cause:
  The error occurs because the system detects that there are still open migration periods in the productive system. Migration periods are typically used during the transition from one accounting system to another or during the initial setup of asset accounting. If these periods are not closed, the system will not allow further transactions or processes that depend on the completion of the migration.
  
  Solution:
  To resolve this error, you need to close the migration period in the productive system. Here are the steps to do this:
  
  
  Access the Asset Accounting Configuration:
  
  Go to the SAP Easy Access screen.
  Navigate to the following