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

60095 - Overview

• 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