How To Fix FARRIC_OL043 - Billing doc. &1 posted after take-over date (SD doc. &2 needs correction)

FARRIC_OL043 - Overview

• Message type: E = Error

• Message class: FARRIC_OL - Revenue Accounting: Operational Load

• Message number: 043

• Message text: Billing doc. &1 posted after take-over date (SD doc. &2 needs correction)

What causes this issue?

Billing doc. <(>&<)>1 posted after take-over date (SD doc. <(>&<)>2
needs correction)

System Response

A billing document has been posted after the take-over date in a legacy
SD Revenue Recognition process. These documents require correction
postings in financials before their migration can be completed.

How to fix this error?

Execute report FARRIC_SD_REV_CORRECT or transaction FARRIC_RR_CORR to
trigger the correction postings for the affected documents.

Procedure for System Administrators

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FARRIC_OL043 - Billing doc. &1 posted after take-over date (SD doc. &2 needs correction) ?

  The SAP error message FARRIC_OL043 indicates that there is an issue with a billing document that has been posted after a specified take-over date. This typically occurs in the context of the SAP Revenue Accounting and Reporting (RAR) module, where billing documents must adhere to certain date constraints.
  
  Cause:
  The error arises when:
  
  A billing document (identified by &1) is posted after the take-over date, which is a date set for the transition to a new accounting or reporting framework.
  The related sales document (identified by &2) has not been corrected to align with the take-over date requirements.
  
  
  Solution:
  To resolve this error, you can follow these steps:
  
  
  Check the Take-Over Date: Verify the take-over date set in your system. This date is crucial as it defines the period from which new accounting rules or reporting standards apply.
  
  
  Review the Billing Document: Look at the billing document that triggered the error. Check the posting date and ensure it