How To Fix 62704 - Contract type & unknown

SAP Error Message - Details

• Message type: E = Error

• Message class: 62 - Message Texts for Real Estate

• Message number: 704

• Message text: Contract type & unknown

What causes this issue?

A defined contract type has been assigned to the rental agreements so
that they can be assigned to the Financial Assets Management section of
Real Estate. The contract type named here is the reserved indicator.

System Response

The dunning data could not be transferred to the rental agreement.

How to fix this error?

Inform your system administrator with details of the error number.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 62704 - Contract type & unknown ?

  The SAP error message "62704 Contract type & unknown" typically indicates that the system is unable to recognize or find the specified contract type in the context of a transaction or process. This error can occur in various modules, such as SAP MM (Materials Management) or SAP SD (Sales and Distribution), where contract types are used to define the nature of agreements with vendors or customers.
  Causes:
  
  Incorrect Contract Type: The contract type specified in the transaction does not exist in the system.
  Configuration Issues: The contract type may not be properly configured in the system, or it may have been deleted or deactivated.
  Authorization Issues: The user may not have the necessary authorizations to access the specified contract type.
  Data Entry Errors: There may be a typographical error in the contract type field.
  
  Solutions:
  
  Check Contract Type: Verify that the contract type you are trying to use is valid and exists in the system. You can do this by navigating to the relevant configuration settings in SAP.
  Configuration Review: If you have access, check the configuration settings for contract types in the relevant module (e.g., SPRO for customizing). Ensure that the contract type is defined correctly.
  User Authorizations: Ensure that the user has the necessary authorizations to access the contract type. This may involve checking user roles and permissions.
  Correct Data Entry: Double-check the input for any typographical errors. Ensure that the contract type is entered correctly in the transaction.
  Consult Documentation: Refer to SAP documentation or help resources for specific details about the contract types relevant to your business processes.
  
  Related Information:
  
  Transaction Codes: Depending on the module, you may use different transaction codes to manage contracts (e.g., ME31K for creating purchasing contracts, VA41 for sales contracts).
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message. SAP Notes can provide additional context or solutions.
  Support: If the issue persists, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.