How To Fix 62714 - RA is for an unlimited period, but maximum term stipulated

SAP Error Message - Details

• Message type: E = Error

• Message class: 62 - Message Texts for Real Estate

• Message number: 714

• Message text: RA is for an unlimited period, but maximum term stipulated

What causes this issue?

If no rental end has been entered, the rental agreement is for an
unlimited period. However, a maximum term has been stipulated in
Customizing.

System Response

The system does not accept your entry.

How to fix this error?

Verify your entry and correct it if necessary
If your entry was correct, contact your system administrator.
Procedure for the system administrator
Check and correct the settings for the rental end in Customizing as
required.
The maximum term for tenancy law &V1& and adjustment type &V2& for
rental agreements with an unlimited period must be 0.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 62714 - RA is for an unlimited period, but maximum term stipulated ?

  The SAP error message 62714, which states "RA is for an unlimited period, but maximum term stipulated," typically occurs in the context of contract management or rental agreements within the SAP system. This error indicates a conflict between the settings of a rental agreement (RA) and the defined terms of the contract.
  Cause:
  The error arises when:
  
  A rental agreement is set to be valid for an unlimited period (i.e., it does not have a defined end date).
  However, there is a stipulation in the system that requires a maximum term for the agreement, which contradicts the unlimited setting.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check the Agreement Settings:
  
  Navigate to the rental agreement in question and review its settings.
  Ensure that the agreement is correctly set as either unlimited or has a defined maximum term.
  
  
  
  Adjust the Maximum Term:
  
  If the agreement is intended to be unlimited, you may need to remove or adjust the maximum term stipulation in the system settings or configuration.
  Conversely, if the agreement should have a defined term, you may need to set a specific end date.
  
  
  
  Consult Configuration Settings:
  
  If you have access to the configuration settings, check the relevant settings in the SAP Customizing Implementation Guide (IMG) for contract management or rental agreements.
  Look for parameters that define the behavior of rental agreements and adjust them as necessary.
  
  
  
  Review Documentation:
  
  Consult SAP documentation or help resources for specific guidance on managing rental agreements and understanding the implications of unlimited periods versus maximum terms.
  
  
  
  Seek Help from SAP Support:
  
  If the issue persists or if you are unsure about making changes, consider reaching out to your SAP support team or consulting SAP Notes for any known issues or patches related to this error.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as RECN (for rental contracts) or REIS (for rental information systems) to navigate the system effectively.
  User Roles: Ensure that you have the appropriate permissions to make changes to rental agreements and their configurations.
  Testing Changes: After making adjustments, test the changes in a development or test environment before applying them to the production system to avoid unintended consequences.
  
  By following these steps, you should be able to resolve the error message 62714 and ensure that your rental agreements are configured correctly in SAP.