How To Fix FARR_RAI780 - Comp.code &1/acct.pr. &2: Period before date of adoption is open

SAP Error Message - Details

• Message type: E = Error

• Message class: FARR_RAI - Revenue Accounting Item

• Message number: 780

• Message text: Comp.code &1/acct.pr. &2: Period before date of adoption is open

What causes this issue?

Company code &v1&/accounting principle &v2&: Change of status from
<LS>Adoption preparation</> to <LS>Productive</> is allowed only if the
last period before the date of adoption is already closed.

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_RAI780 - Comp.code &1/acct.pr. &2: Period before date of adoption is open ?

  The SAP error message FARR_RAI780 indicates that there is an issue with the accounting period being open for a specific company code and account period. This error typically arises in the context of Asset Accounting (FI-AA) when trying to perform transactions related to asset management, such as posting acquisitions, retirements, or adjustments.
  Cause:
  The error message "Period before date of adoption is open" suggests that the accounting period you are trying to post to is open, but it is before the date of adoption for the asset. The date of adoption is the date from which the asset is recognized in the system, and any postings made before this date are not allowed.
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check the Date of Adoption: Verify the date of adoption for the asset in question. This can be found in the asset master data under the "General" or "Time-Dependent" tab.
  
  
  Close the Open Period: If the period before the date of adoption is open and you do not need to post to it, consider closing that period in the financial settings. This can be done through the transaction code OB52 (Maintain Periods for Posting) in the SAP system.
  
  
  Post in the Correct Period: Ensure that you are trying to post the transaction in a period that is valid and after the date of adoption. Adjust your posting date accordingly.
  
  
  Review Configuration: If necessary, review the configuration settings for Asset Accounting to ensure that the periods are set up correctly and that the date of adoption aligns with your accounting practices.
  
  
  Consult Documentation: If you are unsure about the implications of closing a period or changing the date of adoption, consult your organization's financial policies or SAP documentation.
  
  
  Related Information:
  
  
  Transaction Codes: 
  
  AS01: Create Asset
  AS02: Change Asset
  AS03: Display Asset
  OB52: Maintain Posting Periods
  
  
  
  SAP Notes: Check for any relevant SAP Notes that may provide additional insights or updates regarding this error message.
  
  
  User Roles: Ensure that you have the necessary authorizations to make changes to asset master data and posting periods.
  
  
  By following these steps, you should be able to resolve the error and proceed with your asset accounting transactions. If the issue persists, consider reaching out to your SAP support team for further assistance.