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

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.

Unfortunately, there isn't any extra information in this error notice.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FARRIC_SD024 - Contract-Based Revenue Recognition active for Company Code &1 ?

  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