Message type: E = Error
Message class: OIURVOW - Revenue: Ownership and Transfer
Message number: 121
Message text: New owner cannot have a carried interest type
It is not possible to transfer a <ZH>working</> or <ZH>royalty
</>interest owner to a <ZH>carried</> interest owner.
This is an error.
Either change the interest type of your new owner, or edit the list of
old owners so there are no longer entries of <ZH>Working</> or
<ZH>Royalty</> interest type owners
The system issues an error message and will not allow you to continue with this transaction until the error is resolved.
Error message extract from SAP system. Copyright SAP SE.
OIURVOW121
- New owner cannot have a carried interest type ?The SAP error message OIURVOW121, which states "New owner cannot have a carried interest type," typically occurs in the context of managing ownership changes in SAP's Oil and Gas (O&G) module, particularly when dealing with joint ventures or ownership interests.
Cause: This error arises when you attempt to assign a new owner to an asset or joint venture that is classified with a "carried interest" type. In SAP, a carried interest is a type of ownership where one party (the "carried interest owner") does not contribute to the costs of the project but still retains a share of the profits. The system restricts the assignment of a carried interest type to ensure that the ownership structure remains valid and compliant with the business rules governing joint ventures.
Solution: To resolve this error, you can consider the following steps: Review Ownership Structure: Check the ownership structure of the asset or joint venture. Ensure that the new
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