How To Fix RECEPR075 - An update period has not been defined for the contract type

RECEPR075 - Overview

• Message type: E = Error

• Message class: RECEPR - Messages for Contract Valuation

• Message number: 075

• Message text: An update period has not been defined for the contract type

Self-Explanatory Message

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To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

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Smart SAP Assistant

• What is the cause and solution for SAP error message RECEPR075 - An update period has not been defined for the contract type ?

  The SAP error message RECEPR075 indicates that an update period has not been defined for a specific contract type in the SAP system. This error typically arises in the context of contract management, particularly when dealing with rental or leasing contracts in the SAP Real Estate Management (RE) module.
  
  Cause:
  The primary cause of this error is that the system requires an update period to be defined for the contract type you are working with, but it has not been set up in the configuration. The update period is essential for the system to know how often it should process updates related to the contract, such as billing or adjustments.
  
  Solution:
  To resolve this error, you need to define the update period for the relevant contract type. Here are the steps to do this:
  
  
  Access the Configuration:
  
  Go to the SAP Easy Access screen.
  Navigate to the following path: SPRO -> SAP Reference IMG -> Real Estate