How to use FARR_RAI_RECON - Reconciliation RA Items to Contracts

SAP Transaction Code - Details

• Transaction Code: FARR_RAI_RECON

  Description: Reconciliation RA Items to Contracts

  Release: S/4HANA and ECC 6

• • Program: RFARR_RAI_PP_RECON_START

    Screen: 1000

    Authorization Object:

  • Development Package: FARRAD_FOUNDATION

    Package Description: Revenue Accounting: Adapter Reuse Layer

    Parent Package: FARR

  • Module/Component: FI-RA

    Description: Revenue Accounting

Smart SAP Assistant

• SAP Tcode: FARR_RAI_RECON - Reconciliation RA Items to Contracts

  
  Overview:
  The SAP transaction code FARR_RAI_RECON is used to reconcile RA items to contracts. This transaction code is part of the SAP Revenue Accounting and Reporting (RAR) module. It allows users to compare the revenue recognition items in the system with the corresponding contract items and make necessary adjustments. 
  
  Functionality:
  The FARR_RAI_RECON transaction code enables users to reconcile revenue recognition items with contract items. This ensures that the revenue recognition items are correctly assigned to the corresponding contracts. The reconciliation process also helps to identify any discrepancies between the two sets of data and make necessary adjustments. 
  
  Step-by-step How to Use:
  1. Enter the FARR_RAI_RECON transaction code in the command field. 
  2. Select the “Reconcile RA Items to Contracts” option from the menu. 
  3. Select the relevant contract from the list of available contracts. 
  4. Select the relevant revenue recognition item from the list of available items. 
  5. Compare the two sets of data and make necessary adjustments if needed. 
  6. Save your changes and exit the transaction code. 
  
  Other Recommendations:
  It is recommended that users regularly use this transaction code to ensure that all revenue recognition items are correctly assigned to their corresponding contracts. This will help to ensure accurate reporting and avoid any discrepancies in the system.