How To Fix 62123 - Service charge key & not defined for settlement company (&)

SAP Error Message - Details

• Message type: E = Error

• Message class: 62 - Message Texts for Real Estate

• Message number: 123

• Message text: Service charge key & not defined for settlement company (&)

What causes this issue?

Every service charge key must be linked to a cost element.
The system, however, could not find a cost element for this service
charge key.

System Response

The rental agreement cannot participate in the settlement.

How to fix this error?

Contact your system administrator.
Procedure for the system administrator
Check and correct the settings for the cost elements of the settlement
company in Customizing as required.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 62123 - Service charge key & not defined for settlement company (&) ?

  The SAP error message "62123 Service charge key & not defined for settlement company (&)" typically occurs in the context of financial transactions, particularly when dealing with service charges in a settlement process. This error indicates that the system cannot find a defined service charge key for the specified settlement company.
  Cause:
  
  Missing Configuration: The service charge key has not been defined in the system for the specified settlement company.
  Incorrect Settlement Company: The settlement company specified in the transaction may not be correctly set up or may not match the configuration.
  Data Entry Error: There may be a typographical error in the service charge key or settlement company code entered in the transaction.
  
  Solution:
  
  
  Define Service Charge Key:
  
  Go to the configuration settings in SAP (usually through transaction code SPRO).
  Navigate to the relevant area for defining service charge keys. This is typically found under Financial Accounting (FI) or Controlling (CO) settings.
  Ensure that the service charge key is defined for the specific settlement company. You may need to create a new entry if it does not exist.
  
  
  
  Check Settlement Company Configuration:
  
  Verify that the settlement company is correctly configured in the system.
  Ensure that all necessary settings related to the company code and service charge are properly maintained.
  
  
  
  Review Transaction Data:
  
  Double-check the data entered in the transaction that triggered the error. Ensure that the service charge key and settlement company code are correct and match the defined entries in the system.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance on setting up service charge keys and settlement companies.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the configuration and data, consider reaching out to SAP support for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as SPRO (for configuration), SE11 (for data dictionary), and SE37 (for function modules) that may help in troubleshooting.
  SAP Notes: Check for any SAP Notes related to this error message, as they may provide additional insights or patches that could resolve the issue.
  User Forums: Engage with SAP community forums or user groups where similar issues may have been discussed, and solutions shared.
  
  By following these steps, you should be able to identify the cause of the error and implement the necessary solution to resolve it.