How To Fix 62903 - A bank should be created as partner for rent deposit type &

62903 - Overview

• Message type: E = Error

• Message class: 62 - Message Texts for Real Estate

• Message number: 903

• Message text: A bank should be created as partner for rent deposit type &

What causes this issue?

For non-cash rent deposit types, a bank should be entered as a partner,
acting as the place of deposit.

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?

Enter a bank as an additional partner, acting as the place of deposit
for the rent deposit.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 62903 - A bank should be created as partner for rent deposit type & ?

  The SAP error message 62903, which states "A bank should be created as partner for rent deposit type &," typically occurs in the context of managing financial transactions related to rent deposits in SAP. This error indicates that the system requires a bank account to be associated with a specific rent deposit type, but it has not been set up correctly.
  
  Cause:
  
  Missing Bank Details: The error usually arises when the bank details for the specified rent deposit type are not maintained in the system.
  Incorrect Configuration: The configuration for the rent deposit type may not be complete or may be incorrectly set up.
  Partner Function Not Defined: The partner function for the bank may not be defined in the relevant master data.
  
  
  Solution:
  To resolve this error, you can follow these steps:
  
  
  Check Rent Deposit Type Configuration:
  
  Go to the configuration settings for the rent deposit type in SAP.
  Ensure that the bank details are correctly maintained for