How To Fix OIURVOW121 - New owner cannot have a carried interest type

SAP Error Message - Details

• Message type: E = Error

• Message class: OIURVOW - Revenue: Ownership and Transfer

• Message number: 121

• Message text: New owner cannot have a carried interest type

What causes this issue?

It is not possible to transfer a <ZH>working</> or <ZH>royalty
</>interest owner to a <ZH>carried</> interest owner.

System Response

This is an error.

How to fix this 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

Procedure for System Administrators

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.

Smart SAP Assistant

• What is the cause and solution for SAP error message 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 owner you are trying to assign does not have a carried interest type. If they do, you may need to change their ownership type or select a different owner.
  
  
  Change Ownership Type: If the new owner is intended to have a different type of interest (e.g., working interest instead of carried interest), you may need to update their ownership type in the system before proceeding with the ownership change.
  
  
  Consult Documentation: Refer to the SAP documentation or configuration guides related to joint ventures and ownership types. This can provide insights into the rules and restrictions that apply to ownership changes.
  
  
  Contact Support: If you are unable to resolve the issue through the above steps, consider reaching out to your SAP support team or consulting with an SAP expert who specializes in the Oil and Gas module. They can provide more tailored assistance based on your specific configuration and business processes.
  
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that might address this specific error or provide additional context on ownership types and their configurations.
  Configuration Settings: Review the configuration settings for joint ventures and ownership types in your SAP system. This may include settings in transaction codes like OIURV (Joint Venture Accounting) or OIURVOW (Ownership Changes).
  Training and Documentation: Ensure that users involved in managing ownership changes are adequately trained on the implications of different ownership types and the processes involved in making changes.
  
  By following these steps, you should be able to identify the root cause of the error and implement a solution that allows you to proceed with the ownership change in SAP.