How To Fix 60524 - No current basic rent exists for some of comp.apartments

SAP Error Message - Details

• Message type: E = Error

• Message class: 60 - Real Estate

• Message number: 524

• Message text: No current basic rent exists for some of comp.apartments

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message 60524 - No current basic rent exists for some of comp.apartments ?

  The SAP error message 60524, which states "No current basic rent exists for some of the comp. apartments," typically occurs in the context of real estate management or property management modules within SAP. This error indicates that the system cannot find a valid basic rent record for one or more of the apartments that are part of a composite or grouped rental agreement.
  Causes:
  
  Missing Basic Rent Records: The most common cause is that the basic rent records for the specified apartments have not been created or are missing in the system.
  Incorrect Validity Dates: The validity dates for the basic rent records may not cover the period for which the system is trying to retrieve the rent information.
  Incorrect Configuration: There may be configuration issues in the rental agreement or the way the apartments are set up in the system.
  Data Inconsistencies: There could be inconsistencies in the data, such as incorrect links between the apartments and their respective rental agreements.
  
  Solutions:
  
  Check Basic Rent Records: Verify that the basic rent records exist for all the apartments involved. You can do this by navigating to the relevant transaction in SAP (e.g., transaction code RECN for rental contracts) and checking the basic rent details.
  Review Validity Dates: Ensure that the validity dates of the basic rent records cover the period you are trying to process. If necessary, update the records to include the correct dates.
  Create Missing Records: If any basic rent records are missing, create them for the affected apartments. Ensure that all necessary details are filled in correctly.
  Check Configuration: Review the configuration settings for the rental agreements and apartments to ensure they are set up correctly. This may involve checking the settings in the Real Estate Management module.
  Data Consistency Check: Run data consistency checks to identify any discrepancies in the data that may be causing the issue.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as RECN (Rental Contract), RE80 (Display Rental Agreement), and RE01 (Display Real Estate Object) to navigate and manage rental agreements and basic rent records.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message. SAP Notes can provide additional insights or solutions specific to your version of SAP.
  User Documentation: Refer to the SAP user documentation for Real Estate Management for detailed guidance on managing rental agreements and basic rent records.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a consultant who specializes in SAP Real Estate Management for further assistance.