How To Fix RECEPR121 - Closing balance of leasing liability &1 &2 after reduction &3 &2)


RECEPR121 - Overview

  • Message type: E = Error

  • Message class: RECEPR - Messages for Contract Valuation

  • Message number: 121

  • Message text: Closing balance of leasing liability &1 &2 after reduction &3 &2)

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  • Self-Explanatory Message

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Smart SAP Assistant

  • What is the cause and solution for SAP error message RECEPR121 - Closing balance of leasing liability &1 &2 after reduction &3 &2) ?
    The SAP error message RECEPR121 typically relates to issues with the closing balance of a leasing liability in the context of lease accounting. This error can occur during the processing of lease transactions, particularly when there are discrepancies in the expected and actual balances of leasing liabilities.
    
    Cause: Data Inconsistency: The error may arise due to inconsistencies in the data related to the leasing liability, such as incorrect postings or missing entries. Incorrect Configuration: Configuration settings in the SAP system related to leasing or financial accounting may not be set up correctly. Reduction Amount Issues: The reduction amount specified in the transaction may not align with the expected values, leading to discrepancies in the closing balance. Posting Period Issues: The posting period may be closed or not open for the transactions being processed, causing issues with balance calculations.
    Solution: Check Data Entries: Review the entries related to the leasing liability to ensure that all postings are correct

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