How To Fix RECNDP016 - Enter actual security deposits in the same currency

SAP Error Message - Details

• Message type: E = Error

• Message class: RECNDP - Security Deposit Agreement

• Message number: 016

• Message text: Enter actual security deposits in the same currency

What causes this issue?

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

System Response

How to fix this error?

Procedure for System Administrators

INCLUDE RECA_CUSTOMIZED_MESSAGE_INFO OBJECT DOKU ID TX

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message RECNDP016 - Enter actual security deposits in the same currency ?

  The SAP error message RECNDP016, which states "Enter actual security deposits in the same currency," typically occurs in the context of managing security deposits in the SAP system, particularly in the Real Estate Management (RE) module. This error indicates that there is a mismatch in the currency of the security deposits being entered or processed.
  Cause:
  The error is triggered when the system detects that the security deposits being entered have different currencies. In SAP, all financial transactions related to a specific contract or account must be in the same currency to ensure consistency and accuracy in financial reporting and calculations.
  Solution:
  To resolve this error, you should ensure that all security deposits are entered in the same currency. Here are the steps you can take:
  
  
  Check Currency Settings: Verify the currency settings for the relevant contract or account. Ensure that the currency is consistent across all entries.
  
  
  Convert Currencies: If you have security deposits in different currencies, you may need to convert them to a single currency. Use the appropriate exchange rates to convert the amounts.
  
  
  Adjust Entries: If you have already entered deposits in different currencies, you may need to adjust or delete those entries and re-enter them in the correct currency.
  
  
  Review Configuration: Check the configuration settings in the SAP system related to currency handling for security deposits. Ensure that the settings align with your business requirements.
  
  
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on handling security deposits and currency issues.
  
  
  Seek Support: If the issue persists, consider reaching out to your SAP support team or consulting with an SAP expert who can provide further assistance.
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP related to Real Estate Management and security deposits, such as RECN (Real Estate Contract Management).
  Currency Configuration: Understand how currencies are configured in your SAP system, including the use of exchange rates and currency types.
  SAP Notes: Check for any SAP Notes related to this error message, as they may provide additional insights or patches that could resolve the issue.
  
  By ensuring that all security deposits are consistently entered in the same currency, you should be able to resolve the RECNDP016 error and proceed with your transactions in SAP.