Message type: E = Error
Message class: RECEPR - Messages for Contract Valuation
Message number: 124
Message text: Diff. between new pres. value and leasing liability closing balance &1 &2
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RECEPR124
- Diff. between new pres. value and leasing liability closing balance &1 &2 ?The SAP error message RECEPR124 indicates a discrepancy between the new present value of a lease liability and the closing balance of that lease liability. This error typically arises during the processing of lease accounting entries, particularly when there are changes in the lease terms or when recalculating the present value of future lease payments.
Cause: Changes in Lease Terms: If there have been modifications to the lease agreement (e.g., changes in payment terms, lease duration, or interest rates), the present value calculation may not align with the existing liability balance. Incorrect Data Entry: Errors in entering lease data, such as incorrect payment amounts or dates, can lead to discrepancies.
Configuration Issues: Incorrect configuration in the lease accounting settings or in the relevant valuation methods can cause mismatches. Currency Differences: If the lease is denominated in a different currency and there are fluctuations in exchange rates, this can affect the present value calculation. Timing Issues: If
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