How To Fix REMICL042 - New contract type required for old contract type &1 &2 and &3

REMICL042 - Overview

• Message type: E = Error

• Message class: REMICL - Texts for Migration of Classic RE => RE-FX

• Message number: 042

• Message text: New contract type required for old contract type &1 &2 and &3

What causes this issue?

See <DS:SIMG.REFXV_TIVMISETCNTYPE>Contract: Define Different Contract
Types for Third-Party and Own Usage</>

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?

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

REMICL042 - Details

• The SAP error message REMICL042 indicates that there is a mismatch between the contract types in the system. Specifically, it suggests that a new contract type is required for an old contract type, which is identified by the placeholders &1, &2, and &3 in the error message. This typically occurs in the context of contract management or contract lifecycle management within SAP.
  
  Cause:
  
  Contract Type Configuration: The error usually arises when there is a configuration issue in the contract types. The system expects a new contract type to be defined for an existing old contract type, but it cannot find the necessary mapping or configuration.
  Data Migration or Upgrade: If the system has recently undergone a data migration or an upgrade, the contract types may not have been properly updated or mapped.
  Custom Development: If there are custom developments or enhancements in the contract management area, they may not align with the expected contract