How To Fix FARR_RAI784 - Comp.code &1/acct.pr. &2: Events at/after date of adoption exist

SAP Error Message - Details

• Message type: E = Error

• Message class: FARR_RAI - Revenue Accounting Item

• Message number: 784

• Message text: Comp.code &1/acct.pr. &2: Events at/after date of adoption exist

What causes this issue?

Company code &v1&/accounting principle &v2&: Processed events already
exist at or after the specified date of adoption. The date of adoption
can however only be set to a date at or after which no events have been
processed yet.

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_RAI784 - Comp.code &1/acct.pr. &2: Events at/after date of adoption exist ?

  The SAP error message FARR_RAI784 indicates that there are events recorded in the system that occur at or after the date of adoption for a specific company code and account period. This typically arises in the context of asset accounting (FI-AA) when you are trying to perform a transaction that involves asset transactions, such as an asset transfer or retirement, and there are existing events that conflict with the operation you are attempting.
  Cause:
  The error is caused by the presence of asset events (like acquisitions, retirements, or transfers) that have been recorded in the system after the date of adoption for the specified company code and accounting period. The date of adoption is usually the date when a new accounting principle or method is implemented, and any events that occur after this date must be handled according to the new rules.
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Asset Events: Review the asset events for the specified company code and accounting period. You can do this by using transaction codes like AW01N (Asset Explorer) to see the asset history and identify any events that are causing the conflict.
  
  
  Adjust Events: If there are events that should not exist after the date of adoption, you may need to reverse or adjust those events. This could involve reversing transactions or making corrections to ensure that all events comply with the new accounting rules.
  
  
  Change Date of Adoption: If appropriate, consider whether the date of adoption can be adjusted. However, this is usually not recommended unless you have a clear understanding of the implications.
  
  
  Consult Documentation: Review the SAP documentation or help files related to asset accounting and the specific error message for additional context and guidance.
  
  
  Seek Help from SAP Support: If you are unable to resolve the issue, consider reaching out to SAP support or your internal SAP team for assistance. They may have additional tools or insights to help you troubleshoot the problem.
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP Asset Accounting, such as:
  
  AW01N: Asset Explorer
  AB01: Manual Asset Posting
  ABT1N: Transfer within Company Code
  ABAVN: Asset Retirement
  
  
  Configuration Settings: Review the configuration settings for asset accounting in your SAP system to ensure they align with your business processes and accounting standards.
  Documentation: Refer to SAP Help Portal or SAP Notes for specific guidance on handling asset accounting errors and best practices.
  
  By following these steps, you should be able to identify the root cause of the error and implement a solution to resolve it.