How To Fix 62516 - CoCd &, BE &, RU &: Data for basic rent increase is missing

SAP Error Message - Details

• Message type: E = Error

• Message class: 62 - Message Texts for Real Estate

• Message number: 516

• Message text: CoCd &, BE &, RU &: Data for basic rent increase is missing

What causes this issue?

The following are possible causes:
When you entered the data for the rent adjustment, you did not enter a
basic rent increase for the rental unit.
You entered the basic rent increase under other conditions, for example
for "rent increase according to the representative list of rents"
instead of for "rent increase according to comparative rent" or vice
versa.

How to fix this error?

Maintain the basic rent data necessary for rent adjustment.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 62516 - CoCd &, BE &, RU &: Data for basic rent increase is missing ?

  The SAP error message 62516, which states "CoCd &, BE &, RU &: Data for basic rent increase is missing," typically occurs in the context of real estate management or lease accounting within the SAP system. This error indicates that the system is unable to find the necessary data related to a basic rent increase for the specified company code (CoCd) and possibly for specific countries (BE for Belgium, RU for Russia).
  Causes:
  
  Missing Configuration: The basic rent increase data may not be configured correctly in the system for the specified company code or country.
  Incomplete Master Data: The master data for the lease or rental agreement may be incomplete, lacking necessary information regarding rent increases.
  Incorrect Settings: The settings for rent increases in the relevant configuration may not be set up properly, leading to the system not being able to retrieve the required data.
  Data Migration Issues: If data was migrated from another system, there may have been issues during the migration process that resulted in missing data.
  
  Solutions:
  
  
  Check Configuration: 
  
  Navigate to the configuration settings for real estate management or lease accounting in SAP.
  Ensure that the basic rent increase settings are properly configured for the relevant company code and country.
  
  
  
  Review Master Data:
  
  Check the master data for the lease or rental agreement in question.
  Ensure that all necessary fields related to rent increases are filled out correctly.
  
  
  
  Update Data:
  
  If any data is missing, update the relevant records with the necessary information regarding the basic rent increase.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance on configuring rent increases in your version of SAP.
  
  
  
  Contact Support:
  
  If the issue persists after checking the configuration and master data, consider reaching out to SAP support or your internal SAP team for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP that pertain to real estate management, such as RECN (Real Estate Contract Management) or REIS (Real Estate Information System).
  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 root cause of the error and implement the necessary solutions to resolve it.