How To Fix FARR_RAI777 - Comp.code &1/acct.pr. &2/pack. &3: Invalid transfer date specified

FARR_RAI777 - Overview

• Message type: E = Error

• Message class: FARR_RAI - Revenue Accounting Item

• Message number: 777

• Message text: Comp.code &1/acct.pr. &2/pack. &3: Invalid transfer date specified

What causes this issue?

Invalid transfer date was specified for company code &v1&, accounting
principle &v2& and package &v3&.
If a new migration package is created for a company code/accounting
principle combination, which has the status <LS>Transition</>, then the
transfer date of the new package must be the same as the transfer date
of the company code/accounting principle combination itself.

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_RAI777 - Comp.code &1/acct.pr. &2/pack. &3: Invalid transfer date specified ?

  The SAP error message FARR_RAI777 indicates that there is an issue with the transfer date specified in a financial transaction related to asset accounting. This error typically arises when the transfer date does not fall within the valid posting periods or is otherwise invalid according to the system's configuration.
  
  Cause:
  
  Invalid Transfer Date: The transfer date specified in the transaction is outside the allowed posting periods.
  Closed Periods: The posting period for the specified date may be closed, meaning that no transactions can be posted for that period.
  
  Configuration Issues: There may be configuration settings in the asset accounting module that restrict the use of certain dates for transfers.
  Incorrect Account Assignment: The account assignment or company code may not be set up correctly, leading to the invalid date error.
  
  
  Solution:
  
  
  Check Posting Periods: Verify the posting periods in the system to ensure that the transfer date falls within an open period. You can do this by