How To Fix RESCSH016 - No external settlement company assigned

SAP Error Message - Details

• Message type: E = Error

• Message class: RESCSH - Error Messages When Creating Settlement Hierarchy

• Message number: 016

• Message text: No external settlement company assigned

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message RESCSH016 - No external settlement company assigned ?

  The SAP error message RESCSH016: No external settlement company assigned typically occurs in the context of SAP's Real Estate Management (RE-FX) module. This error indicates that the system is unable to find an external settlement company that is required for processing a transaction related to real estate management.
  Cause:
  The error can arise due to several reasons, including:
  
  Missing Configuration: The external settlement company has not been defined in the system for the relevant business partner or real estate object.
  Incorrect Business Partner Assignment: The business partner associated with the real estate object may not have the necessary external settlement company assigned.
  Data Inconsistencies: There may be inconsistencies in the master data related to the real estate object or business partner.
  
  Solution:
  To resolve the error, you can follow these steps:
  
  
  Check Business Partner Configuration:
  
  Go to the transaction code BP (Business Partner).
  Search for the relevant business partner and check the details.
  Ensure that the external settlement company is assigned correctly in the business partner's data.
  
  
  
  Assign External Settlement Company:
  
  If the external settlement company is not assigned, you can do so by navigating to the relevant section in the business partner configuration.
  Make sure to save the changes after assigning the external settlement company.
  
  
  
  Review Real Estate Object Settings:
  
  Check the settings of the real estate object (e.g., property, lease) to ensure that it is correctly linked to the business partner with the external settlement company.
  Use transaction codes like REOR (Real Estate Object) to review and modify the object settings.
  
  
  
  Data Consistency Check:
  
  Run any necessary consistency checks to ensure that there are no other data issues that might be causing the error.
  You can use transaction codes like REOR or RECA to perform checks and corrections.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance on configuring external settlement companies in your version of SAP.
  
  
  
  Contact Support:
  
  If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as BP (Business Partner), REOR (Real Estate Object), and RECA (Real Estate Contract) for managing real estate data.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  User Roles and Authorizations: Ensure that you have the necessary authorizations to make changes to business partner and real estate object configurations.
  
  By following these steps, you should be able to resolve the RESCSH016 error and ensure that the external settlement company is properly assigned in your SAP system.