How To Fix 63055 - RA & &, deposit settlement print: Rntl collateral release must be active

SAP Error Message - Details

• Message type: E = Error

• Message class: 63 - Messages for Real Estate Management

• Message number: 055

• Message text: RA & &, deposit settlement print: Rntl collateral release must be active

What causes this issue?

You have tried to print the rental deposit settlement for rental
agreement &V1& &V2&. The rental deposit release must be active for
this.

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?

Activate the rental deposit release for rental agreement &V1& and
repeat this activity.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 63055 - RA & &, deposit settlement print: Rntl collateral release must be active ?

  The SAP error message "63055 RA & &, deposit settlement print: Rntl collateral release must be active" typically occurs in the context of Real Estate Management (RE) within SAP. This error indicates that there is an issue with the rental collateral release process, which is necessary for processing deposit settlements.
  Cause:
  The error message is triggered when the system detects that the rental collateral release functionality is not active or properly configured for the transaction you are trying to execute. This can happen due to several reasons, including:
  
  Configuration Issues: The settings for rental collateral release may not be activated in the system.
  Missing Master Data: The relevant master data for the rental object or tenant may not be set up correctly.
  Transaction Type: The transaction type being used may not support collateral release.
  Authorization Issues: The user may not have the necessary authorizations to perform the collateral release.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Configuration:
  
  Go to the configuration settings in SAP and ensure that the rental collateral release is activated. This can typically be found in the SPRO transaction under Real Estate Management settings.
  Verify that the relevant settings for deposit settlements and collateral management are correctly configured.
  
  
  
  Review Master Data:
  
  Check the master data for the rental object and tenant to ensure that all necessary information is complete and accurate.
  Ensure that the rental agreement has the necessary settings for collateral management.
  
  
  
  Transaction Type Verification:
  
  Confirm that the transaction type you are using supports the rental collateral release. If not, you may need to use a different transaction type or adjust the current one.
  
  
  
  User Authorizations:
  
  Ensure that the user attempting to perform the action has the necessary authorizations to execute the rental collateral release. This may involve checking user roles and permissions.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance on the rental collateral release process and any prerequisites that need to be met.
  
  
  
  Contact Support:
  
  If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting with an SAP expert who specializes in Real Estate Management.
  
  
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error message or provide additional troubleshooting steps.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as RECN (Real Estate Contract Management) and REIS (Real Estate Information System) that may be useful in managing rental agreements and collateral.
  Training and Documentation: Consider reviewing training materials or documentation related to SAP Real Estate Management to better understand the processes involved.
  
  By following these steps, you should be able to identify the root cause of the error and implement the necessary solutions to resolve it.