How To Fix 60095 - This deposit type requires a percentage rate for the interest calculation

SAP Error Message - Details

• Message type: E = Error

• Message class: 60 - Real Estate

• Message number: 095

• Message text: This deposit type requires a percentage rate for the interest calculation

What causes this issue?

If the security deposit type is a cash deposit, an interest rate for
the interest calculation must also exist; otherwise the interest is not
calculated.

How to fix this error?

Enter a value in the "Percentage rate" or "Interest reference" field.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 60095 - This deposit type requires a percentage rate for the interest calculation ?

  The SAP error message 60095, which states "This deposit type requires a percentage rate for the interest calculation," typically occurs in the context of financial transactions involving deposit accounts in SAP. This error indicates that the system expects a percentage rate to be defined for the interest calculation on a specific deposit type, but it is either missing or incorrectly configured.
  Cause:
  
  Missing Interest Rate: The deposit type you are trying to use requires an interest rate to be specified, but it has not been entered in the system.
  Incorrect Configuration: The configuration for the deposit type may not be set up correctly in the system, leading to the requirement for an interest rate not being met.
  Data Entry Error: There may be a mistake in the data entry process where the interest rate was not inputted or was inputted incorrectly.
  
  Solution:
  
  
  Check Deposit Type Configuration:
  
  Go to the configuration settings for the deposit type in SAP (usually found in the Financial Accounting or Treasury modules).
  Ensure that the interest rate is defined for the deposit type you are using. This can typically be done in the customizing settings under the relevant financial module.
  
  
  
  Enter Interest Rate:
  
  If the interest rate is missing, you will need to enter it. This can usually be done in the transaction where you are creating or modifying the deposit.
  Make sure to specify the correct percentage rate that applies to the deposit type.
  
  
  
  Review Transaction Data:
  
  If you are entering a transaction, double-check the data you are inputting to ensure that all required fields, including the interest rate, are filled out correctly.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific instructions on how to set up and manage deposit types and interest rates.
  
  
  
  Contact Support:
  
  If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting with an SAP expert who can provide guidance based on your specific system configuration.
  
  
  
  Related Information:
  
  
  Transaction Codes: Familiarize yourself with relevant transaction codes that may help you navigate to the configuration settings or transaction entries, such as:
  
  OB52: For managing posting periods.
  FI01: For creating financial documents.
  
  
  
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message. SAP frequently updates its knowledge base with solutions to common problems.
  
  
  User Roles and Permissions: Ensure that you have the necessary permissions to make changes to the deposit type configuration or to enter interest rates.
  
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.