How To Fix RECD079 - Differences considered only for annual amounts with monthly frequency

SAP Error Message - Details

• Message type: E = Error

• Message class: RECD -

• Message number: 079

• Message text: Differences considered only for annual amounts with monthly frequency

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message RECD079 - Differences considered only for annual amounts with monthly frequency ?

  The SAP error message RECD079, which states "Differences considered only for annual amounts with monthly frequency," typically occurs in the context of the SAP Real Estate Management (RE) module, particularly when dealing with rental agreements or lease contracts that involve periodic billing.
  Cause:
  This error message is triggered when there is a mismatch in the expected billing frequency and the actual billing frequency defined in the system. Specifically, it indicates that the system is set to consider differences in amounts only for annual amounts when the billing frequency is set to monthly. This can happen due to:
  
  Configuration Issues: The settings in the contract or billing plan may not align with the expected frequency of billing.
  Data Entry Errors: Incorrect data entry in the rental agreement or billing plan can lead to discrepancies.
  Contract Type: The type of contract may not support monthly billing for the specified amounts.
  
  Solution:
  To resolve the RECD079 error, you can take the following steps:
  
  
  Check Contract Settings:
  
  Review the rental agreement or lease contract settings to ensure that the billing frequency is correctly set to match the expected frequency (monthly vs. annual).
  Ensure that the amounts are defined correctly for the billing frequency you are using.
  
  
  
  Adjust Billing Plan:
  
  If the billing plan is set to monthly, ensure that the amounts are also defined for monthly billing. If they are only defined for annual amounts, you may need to adjust them.
  
  
  
  Review Configuration:
  
  Check the configuration settings in the SAP system for Real Estate Management. Ensure that the settings for billing frequency and amount types are correctly configured to allow for monthly billing.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance on the RE module and billing configurations.
  
  
  
  Testing:
  
  After making adjustments, test the billing process again to ensure that the error does not reoccur.
  
  
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance on configuration settings.
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP for managing rental agreements and billing plans, such as RECN (Contract Management) or REIS (Lease Accounting).
  User Forums: Consider visiting SAP community forums or user groups where similar issues may have been discussed, and solutions shared.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a consultant who specializes in SAP Real Estate Management for further assistance.