How To Fix FARR_RAI883 - No company code/accounting principle selected for reconciliation

SAP Error Message - Details

• Message type: E = Error

• Message class: FARR_RAI - Revenue Accounting Item

• Message number: 883

• Message text: No company code/accounting principle selected for reconciliation

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FARR_RAI883 - No company code/accounting principle selected for reconciliation ?

  The SAP error message FARR_RAI883 indicates that there is no company code or accounting principle selected for reconciliation in the Asset Accounting (FI-AA) module. This error typically arises when you are trying to perform a reconciliation process, such as running a report or executing a transaction that requires a specific company code or accounting principle to be defined.
  Cause:
  
  Missing Configuration: The company code or accounting principle may not be properly configured in the system.
  Incorrect Selection: The user may not have selected the appropriate company code or accounting principle in the transaction screen.
  Authorization Issues: The user may not have the necessary authorizations to access the company code or accounting principle.
  Data Inconsistency: There may be inconsistencies in the master data or configuration settings related to the asset accounting.
  
  Solution:
  
  
  Check Configuration:
  
  Go to the configuration settings in SAP and ensure that the company code and accounting principles are correctly set up for Asset Accounting.
  Use transaction code SPRO to access the configuration menu and navigate to Financial Accounting (New) > Asset Accounting > Integration > Define Company Code for Asset Accounting.
  
  
  
  Select Company Code/Accounting Principle:
  
  When executing the transaction that leads to the error, ensure that you have selected the appropriate company code and accounting principle in the selection screen.
  
  
  
  Review User Authorizations:
  
  Check if the user has the necessary authorizations to access the specified company code and accounting principle. This can be done by reviewing the user roles and authorizations in transaction code SU01.
  
  
  
  Check Master Data:
  
  Verify that the asset master records are correctly assigned to the relevant company code and accounting principle. You can check this using transaction code AS03 (Display Asset).
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources for any additional configuration steps that may be required for your specific version of SAP.
  
  
  
  Contact Support:
  
  If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting SAP Notes for any known issues related to this error message.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as AS01 (Create Asset), AS02 (Change Asset), and AS03 (Display Asset) for managing asset master data.
  SAP Notes: Search for SAP Notes related to error FARR_RAI883 in the SAP Support Portal for any patches or updates that may address the issue.
  Documentation: Review the SAP Help Portal for detailed information on Asset Accounting and reconciliation processes.
  
  By following these steps, you should be able to resolve the error and successfully perform the reconciliation in SAP.