How To Fix /PRA/COMMON053 - Equtity Type of Venture &1 in Company &2 is of type "Not Operated"

SAP Error Message - Details

• Message type: E = Error

• Message class: /PRA/COMMON -

• Message number: 053

• Message text: Equtity Type of Venture &1 in Company &2 is of type "Not Operated"

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message /PRA/COMMON053 - Equtity Type of Venture &1 in Company &2 is of type "Not Operated" ?

  The SAP error message /PRA/COMMON053 indicates that there is an issue related to the equity type of a venture in the context of the SAP system, specifically in the area of Project System (PS) or Portfolio and Project Management (PPM). The message states that the equity type of the venture is classified as "Not Operated," which typically means that the venture is not actively managed or operated within the system.
  Cause:
  
  Venture Status: The venture in question may be set to a status that indicates it is not currently being operated. This could be due to various reasons, such as the venture being inactive, closed, or not yet started.
  Configuration Issues: There may be configuration settings in the system that define how ventures are categorized and managed. If the equity type is incorrectly set, it could lead to this error.
  Data Entry Errors: Incorrect data entry during the creation or modification of the venture could lead to it being classified as "Not Operated."
  
  Solution:
  
  Check Venture Status: Review the status of the venture in question. If it is indeed inactive or closed, you may need to update its status or create a new venture that is active.
  Review Configuration: Check the configuration settings for equity types in the SAP system. Ensure that the equity type for the venture is correctly defined and that it aligns with the operational status of the venture.
  Data Correction: If the error is due to incorrect data entry, correct the equity type or venture details in the system. This may involve updating the venture's attributes to reflect its operational status accurately.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on managing ventures and equity types. This can provide insights into best practices and configuration settings.
  
  Related Information:
  
  Transaction Codes: You may need to use specific transaction codes to access venture details, such as CJ20N for project management or CJI3 for project reports.
  User Roles: Ensure that you have the necessary permissions to view and modify venture details in the SAP system.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error message or provide additional troubleshooting steps.
  Support: If the issue persists, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.