How To Fix 62706 - Interest calculation not considered for rent deposit type &

62706 - Overview

• Message type: E = Error

• Message class: 62 - Message Texts for Real Estate

• Message number: 706

• Message text: Interest calculation not considered for rent deposit type &

What causes this issue?

Interest calculation method must only be entered for a cash deposit.

System Response

The interest calculation method is ignored for all rent deposit types
except cash deposit.

How to fix this error?

You only have to fill in the 'interest calculation' field if the rent
deposit type is cash deposit.

Error message extract from SAP system. Copyright SAP SE.

62706 - Details

• The SAP error message 62706, which states "Interest calculation not considered for rent deposit type &," typically occurs in the context of financial transactions related to rent deposits in SAP's Real Estate Management (RE-FX) module. This error indicates that the system is unable to calculate interest for a specified rent deposit type due to certain configuration or data issues.
  Causes:
  
  Missing Configuration: The rent deposit type may not be properly configured to allow for interest calculations. This could be due to missing settings in the configuration of the deposit type.
  Interest Calculation Settings: The interest calculation parameters may not be set up correctly for the specific deposit type in question.
  Deposit Type Not Supported: The deposit type being used may not support interest calculations as per the business rules defined in the system.
  Data Inconsistencies: There may be inconsistencies or missing data in the master data related to the rent deposit type.
  
  Solutions:
  
  
  Check Configuration:
  
  Navigate to the