How To Fix /SAPPCE/JVAM1060 - In the JV master data profile the defined equity type does not exist

/SAPPCE/JVAM1060 - Overview

• Message type: E = Error

• Message class: /SAPPCE/JVAM1 -

• Message number: 060

• Message text: In the JV master data profile the defined equity type does not exist

Self-Explanatory Message

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To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

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Smart SAP Assistant

• What is the cause and solution for SAP error message /SAPPCE/JVAM1060 - In the JV master data profile the defined equity type does not exist ?

  The SAP error message /SAPPCE/JVAM1060 indicates that there is an issue with the Joint Venture (JV) master data profile, specifically that the defined equity type does not exist. This error typically arises in the context of managing joint ventures in SAP, where equity types are used to categorize the ownership interests in a joint venture.
  
  Cause:
  
  Missing Equity Type: The equity type that has been defined in the JV master data profile does not exist in the system. This could be due to a configuration issue or because the equity type was deleted or never created.
  Incorrect Configuration: The JV master data profile may be incorrectly configured, pointing to an equity type that is not valid or has been changed.
  Data Migration Issues: If data was migrated from another system, there may have been issues in transferring the equity types correctly.
  
  
  Solution:
  
  
  Check Equity Type Configuration:
  
  Go to the configuration settings for Joint Ventures in SAP.
  Navigate to