How To Fix RESRTM050 - &1: currency must be that of sales-based rent condition or local currency

SAP Error Message - Details

• Message type: E = Error

• Message class: RESRTM - Error Texts for Sales-Based Rent Terms

• Message number: 050

• Message text: &1: currency must be that of sales-based rent condition or local currency

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message RESRTM050 - &1: currency must be that of sales-based rent condition or local currency ?

  The SAP error message RESRTM050 indicates that there is an issue with the currency used in a sales-based rent condition. Specifically, the error states that the currency must either be the currency of the sales-based rent condition or the local currency.
  Cause:
  This error typically arises in the following scenarios:
  
  
  Currency Mismatch: The currency used in the transaction does not match the currency defined for the sales-based rent condition. For example, if the sales-based rent condition is defined in a specific currency (e.g., USD), but the transaction is being processed in a different currency (e.g., EUR), this error will occur.
  
  
  Configuration Issues: There may be configuration issues in the condition types or pricing procedures that lead to this mismatch.
  
  
  Master Data Issues: The master data for the customer, material, or contract may not be set up correctly, leading to the use of an incorrect currency.
  
  
  Solution:
  To resolve the RESRTM050 error, you can take the following steps:
  
  
  Check Condition Currency:
  
  Go to the condition record for the sales-based rent condition and verify the currency. Ensure that it matches the currency being used in the transaction.
  
  
  
  Review Transaction Currency:
  
  Check the currency of the transaction you are trying to process. Ensure that it is either the same as the sales-based rent condition currency or the local currency.
  
  
  
  Adjust Master Data:
  
  Review the master data for the relevant customer or contract. Ensure that the currency settings are correct and consistent with the sales-based rent condition.
  
  
  
  Configuration Review:
  
  If you have access to configuration settings, review the pricing procedure and condition types to ensure that they are set up correctly to handle the currencies involved.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for more detailed information on handling currency issues in sales-based rent conditions.
  
  
  
  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: You may need to use transaction codes like VK11 (Create Condition), VK12 (Change Condition), or VK13 (Display Condition) to manage condition records.
  Currency Settings: Familiarize yourself with the currency settings in your SAP system, including local currency settings and how they relate to sales-based rent conditions.
  SAP Notes: Check for any relevant SAP Notes that may address known issues or provide additional guidance on this error message.
  
  By following these steps, you should be able to identify and resolve the cause of the RESRTM050 error in your SAP system.