How To Fix 62839 - No interest calculation will be made for cash deposit in collateral

SAP Error Message - Details

• Message type: E = Error

• Message class: 62 - Message Texts for Real Estate

• Message number: 839

• Message text: No interest calculation will be made for cash deposit in collateral

What causes this issue?

Other collateral may be specified for the rental agreement in addition
to the deposit. If a cash deposit has been specified, no interest
calculation will be made for it.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 62839 - No interest calculation will be made for cash deposit in collateral ?

  The SAP error message 62839, "No interest calculation will be made for cash deposit in collateral," typically occurs in the context of financial transactions involving collateral management. This error indicates that the system has determined that interest should not be calculated for a cash deposit that is being used as collateral.
  Causes:
  
  Incorrect Configuration: The settings for interest calculation in the collateral management module may not be configured correctly.
  Cash Deposit Type: The type of cash deposit may not be eligible for interest calculation based on the business rules defined in the system.
  Missing Parameters: Required parameters for interest calculation, such as interest rates or calculation methods, may be missing or incorrectly set up.
  Transaction Type: The specific transaction type being processed may not support interest calculations for cash deposits.
  
  Solutions:
  
  
  Check Configuration: Review the configuration settings in the collateral management module to ensure that interest calculation is enabled for cash deposits. This may involve checking the settings in transaction codes like OAC3 (for collateral management) or OBA5 (for interest calculation).
  
  
  Review Cash Deposit Type: Ensure that the cash deposit type being used is set up to allow for interest calculations. You may need to consult with your financial team or SAP documentation to verify this.
  
  
  Set Up Interest Parameters: Make sure that all necessary parameters for interest calculation are correctly defined in the system. This includes interest rates, calculation methods, and any other relevant settings.
  
  
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on the error message and the context in which it occurs. This can provide insights into any additional settings or configurations that may be required.
  
  
  Check Transaction Type: Verify that the transaction type being processed is compatible with interest calculations for cash deposits. If not, consider using a different transaction type that supports this functionality.
  
  
  Contact SAP Support: If the issue persists after checking the above points, consider reaching out to SAP support for further assistance. They can provide more detailed insights based on your specific system configuration and version.
  
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error message or provide updates and patches that could resolve the issue.
  User Forums: Engage with SAP user communities or forums where similar issues may have been discussed. Other users may have encountered the same error and can share their solutions.
  Documentation: Review the SAP Help Portal for documentation related to collateral management and interest calculation to ensure compliance with best practices.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.