How To Fix 60055 - First create graduated rent model &

SAP Error Message - Details

• Message type: E = Error

• Message class: 60 - Real Estate

• Message number: 055

• Message text: First create graduated rent model &

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.

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• What is the cause and solution for SAP error message 60055 - First create graduated rent model & ?

  The SAP error message 60055, which states "First create graduated rent model," typically occurs in the context of real estate management or contract management within SAP. This error indicates that the system requires a graduated rent model to be defined before you can proceed with certain actions, such as creating or modifying rental agreements.
  Cause:
  The error arises when:
  
  You attempt to create or modify a rental agreement that requires a graduated rent model, but none has been defined in the system.
  The transaction or process you are trying to execute is dependent on the existence of a graduated rent model.
  
  Solution:
  To resolve this error, you need to create a graduated rent model in the SAP system. Here are the steps to do so:
  
  
  Access the Transaction:
  
  Use transaction code RENT or navigate through the SAP menu to the relevant area for managing rental agreements.
  
  
  
  Create a Graduated Rent Model:
  
  Look for an option to create a new graduated rent model. This may be under a section like "Rent Models" or "Graduated Rent."
  Enter the necessary details for the graduated rent model, such as:
  
  Model name
  Description
  Start date
  Rent amounts for each period
  Any other relevant parameters
  
  
  
  
  
  Save the Model:
  
  After entering all required information, save the graduated rent model.
  
  
  
  Retry the Original Action:
  
  Once the graduated rent model is created, go back to the original transaction that triggered the error and try to execute it again.
  
  
  
  Related Information:
  
  Documentation: Refer to SAP Help documentation for detailed instructions on creating graduated rent models and understanding their parameters.
  Authorization: Ensure that you have the necessary authorizations to create or modify rent models in the system.
  Consult with SAP Support: If you continue to face issues or if the error persists after creating the model, consider reaching out to your SAP support team or consulting SAP Notes for any known issues or patches related to this error.
  
  By following these steps, you should be able to resolve the error message 60055 and proceed with your rental agreement processes in SAP.