How To Fix FARRIC_SD024 - Contract-Based Revenue Recognition active for Company Code &1

FARRIC_SD024 - Overview

• Message type: E = Error

• Message class: FARRIC_SD - Revenue Recognition Integration Component

• Message number: 024

• Message text: Contract-Based Revenue Recognition active for Company Code &1

Self-Explanatory Message

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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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FARRIC_SD024 - Details

• The SAP error message FARRIC_SD024 indicates that Contract-Based Revenue Recognition (CBRR) is active for a specific company code, but there may be issues related to its configuration or usage. Here’s a breakdown of the cause, potential solutions, and related information:
  
  Cause:
  
  
  
  Configuration Issues: The company code may not be properly configured for Contract-Based Revenue Recognition. This could include missing settings in the revenue recognition configuration or incorrect assignment of the company code to the relevant revenue recognition settings.
  
  
  Inconsistent Data: There may be inconsistencies in the data related to contracts, such as missing or incorrect contract details that are required for revenue recognition.
  
  
  Transaction Type: The transaction type being used may not be compatible with Contract-Based Revenue Recognition, leading to this error.
  
  
  Master Data Issues: There could be issues with the master data related to customers, contracts, or products that are necessary for the revenue recognition process.
  
  
  
  Solution:
  
  
  Check Configuration:
  
  Go to the configuration settings for Contract-Based Revenue