How To Fix REFXNL055 - Renovation value (Meas.Type &1) is below the minimum threshold value

REFXNL055 - Overview

• Message type: E = Error

• Message class: REFXNL - Messages for Real Estate Netherlands

• Message number: 055

• Message text: Renovation value (Meas.Type &1) is below the minimum threshold value

What causes this issue?

The renovation value (measurement type &V1&) you entered in the rental
object master data is below the threshold limit value entered in
Customizing.

System Response

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

How to fix this error?

There is a threshold value entered in the
<DS:SIMG.V_TIVXCNLWOZMT>Assign Meas. Types and Characteristics for WOZ
to Company</> Customizing activity for the rent adjustment calculation
of renovated rental objects. In the <ZK>Minimum Value</> field, the
threshold is defined. If the renovation costs are equal or higher than
the minimum value, the system adds certain extra points (entered in the
<ZK>Value</> field) per EUR 1000 to the relevant characteristic.
If your renovation costs are lower than the threshold value, no extra
points can be calculated.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message REFXNL055 - Renovation value (Meas.Type &1) is below the minimum threshold value ?

  The SAP error message REFXNL055 indicates that the renovation value for a specific measurement type is below the minimum threshold value set in the system. This error typically occurs in the context of real estate management (RE-FX) when dealing with renovation or investment values that are expected to meet certain criteria.
  
  Cause:
  
  Threshold Settings: The minimum threshold value for the renovation measurement type has been defined in the system, and the value being entered or calculated is below this threshold.
  Data Entry Error: There may be an error in the data entry where the renovation value is incorrectly inputted.
  
  Configuration Issues: The configuration settings for the measurement type may not be aligned with the business requirements or expectations.
  
  
  Solution:
  
  
  Check Minimum Threshold Value:
  
  Navigate to the configuration settings for the relevant measurement type in the SAP system.
  Verify the minimum threshold value set for the renovation measurement type. This can usually be found in the customizing settings under