How To Fix FARR_RAI774 - Attention: End date of usage has been set for comp.code &1/acct.pr &2

FARR_RAI774 - Overview

• Message type: E = Error

• Message class: FARR_RAI - Revenue Accounting Item

• Message number: 774

• Message text: Attention: End date of usage has been set for comp.code &1/acct.pr &2

What causes this issue?

End date of usage has been set for company code &v1& and accounting
principle &v2&.

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?

Please check carefully if this was really intended, because an
accounting principle cannot be reactivated afterwards.

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_RAI774 - Attention: End date of usage has been set for comp.code &1/acct.pr &2 ?

  The SAP error message FARR_RAI774 indicates that the end date of usage has been set for a specific combination of company code and account assignment. This typically occurs in the context of Asset Accounting (FI-AA) when trying to perform transactions related to an asset that has reached its end of usage date.
  
  Cause:
  
  End Date of Usage: The asset in question has an end date of usage that has been defined in the system. This means that the asset is no longer available for further transactions, such as depreciation or transfers.
  Configuration Settings: The configuration settings for the asset may have been set to restrict transactions after a certain date.
  Data Entry Error: There may have been an error in data entry, where the end date was incorrectly set or not updated after a change in the asset's status.
  
  
  Solution:
  
  Check Asset Master Data: Review the asset master data for the specific asset in question. Look