How To Fix RECEPR089 - Difference between pres. val. and closing bal. for leasing liab. &1 &2

RECEPR089 - Overview

• Message type: E = Error

• Message class: RECEPR - Messages for Contract Valuation

• Message number: 089

• Message text: Difference between pres. val. and closing bal. for leasing liab. &1 &2

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message RECEPR089 - Difference between pres. val. and closing bal. for leasing liab. &1 &2 ?

  The SAP error message RECEPR089 indicates that there is a discrepancy between the present value and the closing balance of a leasing liability. This typically occurs in the context of lease accounting, where the present value of future lease payments should match the recorded liability on the balance sheet.
  
  Cause:
  
  Data Entry Errors: Incorrect data entry during the lease setup or subsequent changes can lead to mismatches.
  Changes in Lease Terms: If the terms of the lease change (e.g., payment amounts, payment frequency), the present value calculation may not reflect these changes.
  Amortization Issues: Incorrect amortization schedules or calculations can lead to discrepancies.
  Currency Fluctuations: If the lease involves multiple currencies, fluctuations in exchange rates can affect the present value.
  Incorrect Configuration: Configuration settings in the SAP system related to leasing may not be set up correctly.
  
  
  Solution:
  
  Review Lease Data: Check the lease contract details in the system to ensure that all data is entered correctly, including