How To Fix FARRIC_OL066 - Cannot find cond. type for exchange rate dif. for sales doc. &1 item &2

FARRIC_OL066 - Overview

• Message type: E = Error

• Message class: FARRIC_OL - Revenue Accounting: Operational Load

• Message number: 066

• Message text: Cannot find cond. type for exchange rate dif. for sales doc. &1 item &2

What causes this issue?

An item that is relevant for <ZK>SD Revenue Recognition</> is being
migrated for which the fixed exchange rate solution in accordance with
<AB>FASB 52</> applies. The exchange rate difference posted in the
legacy solution must be sent to <ZK>Revenue Accounting and Reporting</>
using the reserved condition type for exchange rate differences.

System Response

The condition type reserved for exchange rate differences was not found.

How to fix this error?

Maintain the corresponding condition type reserved for exchange rate
differences in the target system using Customizing activity <ZK>Define
Reserved Condition Types</> in Customizing for <ZK>Financial Accounting
(New)</> under <ZK>Revenue Accounting > Revenue Accounting Contracts >
Condition Types.</>

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.

FARRIC_OL066 - Details

• The SAP error message FARRIC_OL066 indicates that the system cannot find the condition type for exchange rate differences related to a specific sales document and item. This typically occurs in the context of foreign currency transactions where exchange rate differences need to be accounted for.
  
  Cause:
  
  Missing Condition Type: The condition type for exchange rate differences may not be defined in the pricing procedure for the sales document.
  Incorrect Configuration: The pricing procedure may not be correctly configured to handle exchange rate differences.
  Sales Document Type: The sales document type being used may not be set up to handle exchange rate differences.
  Currency Settings: There may be issues with the currency settings in the sales document or in the master data (customer/vendor).
  
  
  Solution:
  
  
  Check Pricing Procedure:
  
  Go to the transaction code V/08 to check the pricing procedure assigned to the sales document type.
  Ensure that the condition type for exchange rate differences (usually something like KZWI or similar) is