How To Fix 62906 - No partner was created as a bank for rent deposit

62906 - Overview

• Message type: E = Error

• Message class: 62 - Message Texts for Real Estate

• Message number: 906

• Message text: No partner was created as a bank for rent deposit

What causes this issue?

Rental agreements with a rent deposit agreement must be assigned a bank
for deposit of the rent deposit. This is arranged in the partner
management. The corresponding role is selected and then the bank is
specified as a partner. One exception is the cash deposit. Since these
amounts are managed personally, a partner bank is not needed.

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?

In the partner management create a bank as partner to act as place of
deposit for the rent deposit (rent collateral).

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 62906 - No partner was created as a bank for rent deposit ?

  The SAP error message 62906, which states "No partner was created as a bank for rent deposit," typically occurs in the context of managing rental agreements or lease contracts within the SAP system, particularly in the Real Estate Management (RE-FX) module. This error indicates that the system could not find a designated bank partner for processing a rent deposit.
  Causes:
  
  Missing Bank Partner Configuration: The most common cause is that the bank partner has not been set up in the system for the specific rental agreement or property.
  Incorrect Master Data: The master data for the property or tenant may be incomplete or incorrectly configured, leading to the absence of a bank partner.
  Data Inconsistencies: There may be inconsistencies in the data related to the rental agreement, such as missing or incorrect entries in the partner functions.
  Authorization Issues: Sometimes, the user may not have the necessary authorizations to view or create bank partners.
  
  Solutions:
  
  
  Check Bank