How To Fix 62875 - Assign cost center due to own use of lease-out &

62875 - Overview

• Message type: E = Error

• Message class: 62 - Message Texts for Real Estate

• Message number: 875

• Message text: Assign cost center due to own use of lease-out &

What causes this issue?

The rental agreements belonging to rental units for own use must have a
cost center.

System Response

The rental agreement cannot be activated.

How to fix this error?

Assign a cost center to the rental agreement and then activate the
rental agreement.

Error message extract from SAP system. Copyright SAP SE.

62875 - Details

• The SAP error message 62875, "Assign cost center due to own use of lease-out," typically occurs in the context of asset accounting and leasing transactions. This error indicates that there is an issue with the assignment of a cost center for an asset that is being leased out, particularly when the asset is being used internally by the organization.
  
  Cause:
  
  Missing Cost Center Assignment: The asset being leased out may not have a cost center assigned to it, which is required for proper accounting and reporting.
  Incorrect Configuration: The configuration settings in the asset accounting module may not be set up correctly to handle the internal use of leased assets.
  Transaction Type Issues: The transaction type used for the lease-out may not be configured to allow for internal use, leading to the error.
  Master Data Issues: The asset master data may be incomplete or incorrect, particularly in the areas related to cost center assignment.
  
  
  Solution:
  
  Assign a