How To Fix FARR_RAI785 - Comp.code &1/acct.pr. &2/pack. &3: Events at/after date of adoption exist

SAP Error Message - Details

• Message type: E = Error

• Message class: FARR_RAI - Revenue Accounting Item

• Message number: 785

• Message text: Comp.code &1/acct.pr. &2/pack. &3: Events at/after date of adoption exist

What causes this issue?

Company code &v1&/accounting principle &v2&/package &v3&: 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_RAI785 - Comp.code &1/acct.pr. &2/pack. &3: Events at/after date of adoption exist ?

  The SAP error message FARR_RAI785 indicates that there are events related to a specific asset that occur at or after the date of adoption. This typically arises in the context of asset accounting, particularly when dealing with asset transfers, retirements, or adjustments.
  Cause:
  The error occurs when you attempt to perform an operation (like a transfer or adjustment) on an asset that has events (such as acquisitions, retirements, or adjustments) scheduled to occur on or after the date of adoption. The system prevents this operation to maintain the integrity of the asset's financial history.
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check the Asset Events: Review the asset's event history to identify any events that are scheduled to occur on or after the date of adoption. You can do this by navigating to the asset master record and checking the relevant transactions.
  
  
  Adjust the Events: If there are events that should not occur after the adoption date, consider adjusting or deleting those events. This may involve:
  
  Changing the date of the event to a date before the adoption date.
  Deleting the event if it is no longer relevant.
  
  
  
  Re-evaluate the Adoption Date: If the adoption date is set incorrectly, you may need to adjust it to a date that aligns with the asset's event history.
  
  
  Consult Documentation: Refer to SAP documentation or your organization's internal guidelines for handling asset events and adoption dates.
  
  
  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 further assistance.
  
  
  Related Information:
  
  Transaction Codes: You may use transaction codes like AS03 (Display Asset), AS02 (Change Asset), or ABAVN (Transfer within Company Code) to manage asset events.
  Asset Accounting Configuration: Ensure that your asset accounting configuration is set up correctly, particularly regarding the handling of adoption dates and asset events.
  User Authorization: Ensure that you have the necessary authorizations to make changes to asset events and master data.
  
  By following these steps, you should be able to resolve the error and proceed with your asset accounting tasks.