How To Fix GJ624 - Elapsed Days Analysis Must Be Active when Interest Calc. Is Active.

SAP Error Message - Details

• Message type: E = Error

• Message class: GJ - Joint Venture Accounting

• Message number: 624

• Message text: Elapsed Days Analysis Must Be Active when Interest Calc. Is Active.

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message GJ624 - Elapsed Days Analysis Must Be Active when Interest Calc. Is Active. ?

  The SAP error message GJ624: Elapsed Days Analysis Must Be Active when Interest Calculation Is Active typically occurs in the context of SAP's Real Estate Management (RE-FX) module, particularly when dealing with interest calculations for contracts or leases.
  Cause:
  This error indicates that the system is trying to perform an interest calculation, but the necessary configuration for "Elapsed Days Analysis" is not active. The Elapsed Days Analysis is a prerequisite for the interest calculation to function correctly. If the system is set to calculate interest but the analysis is not activated, it will trigger this error.
  Solution:
  To resolve this error, you need to ensure that the Elapsed Days Analysis is activated in the relevant configuration settings. Here are the steps to do this:
  
  
  Access Configuration:
  
  Go to the SAP Easy Access screen.
  Navigate to the following path: 
  SPRO -> SAP Reference IMG -> Real Estate Management -> Contract Management -> Interest Calculation -> Define Interest Calculation
  
  
  
  
  Check Elapsed Days Analysis:
  
  In the configuration settings, look for the option related to "Elapsed Days Analysis."
  Ensure that the option is activated. If it is not, activate it.
  
  
  
  Save Changes:
  
  After making the necessary changes, save your configuration.
  
  
  
  Test the Interest Calculation:
  
  After activating the Elapsed Days Analysis, try to perform the interest calculation again to see if the error persists.
  
  
  
  Related Information:
  
  Documentation: Refer to the SAP Help Portal for detailed documentation on Real Estate Management and interest calculation settings.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as RECN (Contract Management) and REIS (Interest Calculation) for managing contracts and interest calculations.
  Support: If the issue persists after following the above steps, consider reaching out to your SAP support team or consulting the SAP Community for further assistance.
  
  By ensuring that the Elapsed Days Analysis is active, you should be able to resolve the GJ624 error and proceed with your interest calculations without issues.