How To Fix 62872 - Enter cost centers for lease-out if rental unit for own use

SAP Error Message - Details

• Message type: E = Error

• Message class: 62 - Message Texts for Real Estate

• Message number: 872

• Message text: Enter cost centers for lease-out if rental unit for own use

What causes this issue?

Rental agreements can be created for rental units for own use, in which
the payments (such as basic rent) specified by the condition items can
be posted to a cost center. For this type of agreement, cost centers
must be assigned before activation at the latest.

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?

Assign cost centers for own use rental units.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 62872 - Enter cost centers for lease-out if rental unit for own use ?

  The SAP error message 62872, "Enter cost centers for lease-out if rental unit for own use," typically occurs in the context of asset accounting or lease management within SAP. This error indicates that when you are trying to process a rental unit that is classified for own use, the system requires you to specify cost centers for the lease-out transaction.
  Cause:
  The error arises due to the following reasons:
  
  Missing Cost Centers: The system expects cost centers to be assigned to the rental unit for accounting purposes, but they have not been provided.
  Configuration Issues: There may be configuration settings in the asset accounting or lease management module that require cost centers to be defined for certain types of transactions.
  Data Entry Errors: The user may have overlooked entering the necessary cost center information during the transaction.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Enter Cost Centers:
  
  When processing the lease-out transaction, ensure that you enter the required cost centers in the relevant fields. This is typically done in the asset master record or during the transaction entry.
  
  
  
  Check Configuration:
  
  Review the configuration settings in the Asset Accounting (FI-AA) or Lease Management (RE-FX) module to ensure that the system is set up correctly to handle cost centers for lease-out transactions. You may need to consult with your SAP administrator or a functional consultant.
  
  
  
  Review Master Data:
  
  Check the master data for the rental unit to ensure that all necessary fields, including cost centers, are filled out correctly. This may involve reviewing the asset master record or the lease contract details.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance on handling lease-out transactions and the requirements for cost centers.
  
  
  
  User Training:
  
  If this error is frequently encountered, consider providing additional training for users on the importance of entering cost centers and how to do so correctly.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as AS01 (Create Asset), AS02 (Change Asset), and RECN (Create Lease Contract) that may be involved in the process.
  SAP Notes: Check for any SAP Notes related to this error message for additional insights or patches that may address the issue.
  Support: If the problem persists after following the above steps, consider reaching out to SAP support for further assistance.
  
  By ensuring that cost centers are properly entered and configured, you should be able to resolve the error message 62872 and proceed with your lease-out transactions.