How To Fix FARR_RAI765 - 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: 765

• 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&, accounting
principle &v2&, and package &v3& 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_RAI765 - You must close the migration period in the productive system. ?

  The SAP error message FARR_RAI765 indicates that you need to close the migration period in the productive system before proceeding with certain actions related to asset accounting. This error typically arises in the context of the Asset Accounting (FI-AA) module when there are open migration periods that need to be closed to ensure data integrity and compliance with accounting principles.
  Cause:
  The error occurs when:
  
  There are still open migration periods in the system that have not been closed.
  The system is trying to perform actions that are not allowed until the migration period is finalized.
  
  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 Transaction Code:
  
  Use transaction code OAYZ (or navigate through the menu: Accounting > Financial Accounting > Asset Accounting > Periodic Processing > Close Migration Period).
  
  
  
  Check Migration Period:
  
  In the configuration screen, check the current status of the migration period. You will see the periods that are open and need to be closed.
  
  
  
  Close the Migration Period:
  
  If you have the necessary authorizations, you can proceed to close the migration period. Make sure that all necessary data has been migrated and that no further changes are required for the assets in that period.
  
  
  
  Confirm Closure:
  
  After closing the migration period, confirm that the period is now closed and that the error message no longer appears when you attempt the previous action.
  
  
  
  Testing:
  
  Perform a test transaction that previously triggered the error to ensure that the issue has been resolved.
  
  
  
  Related Information:
  
  Documentation: Refer to SAP Help documentation for Asset Accounting for detailed information on migration periods and their implications.
  Authorization: Ensure that you have the necessary authorizations to close migration periods, as this action may require specific roles or permissions.
  Backup: It is advisable to back up relevant data before making changes to the migration period, especially in a productive system.
  Consultation: If you are unsure about closing the migration period or the implications it may have on your financial reporting, consult with your SAP FI-AA consultant or financial team.
  
  By following these steps, you should be able to resolve the FARR_RAI765 error and proceed with your asset accounting tasks.