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

SAP Error Message - Details

• 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 path: Accounting -> Financial Accounting -> Asset Accounting -> Migration -> Close Migration Period.
  
  
  
  Close the Migration Period:
  
  In the relevant transaction (usually OAYR or similar), you will find options to close the migration period.
  Ensure that all necessary data has been migrated and that you are ready to close the period.
  Follow the prompts to close the migration period.
  
  
  
  Check for Open Items:
  
  Before closing the migration period, ensure that there are no open items or transactions that need to be processed. This may involve reviewing asset transactions and ensuring that all necessary postings have been made.
  
  
  
  Test the Changes:
  
  After closing the migration period, test the system to ensure that the error no longer appears and that you can proceed with your intended transactions.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  OAYR: Close Migration Period
  OAYZ: Display Migration Period
  AS01, AS02: Create/Change Asset Master Data
  
  
  
  Documentation:
  
  Refer to SAP Help documentation for Asset Accounting for detailed information on migration processes and period closing.
  
  
  
  Support:
  
  If you continue to experience issues after attempting to close the migration period, consider reaching out to your SAP support team or consulting the SAP Community for further assistance.
  
  
  
  By following these steps, you should be able to resolve the FARR_RAI764 error and proceed with your asset accounting processes.