How To Fix 62294 - Option rate & not in permitted value set

SAP Error Message - Details

• Message type: E = Error

• Message class: 62 - Message Texts for Real Estate

• Message number: 294

• Message text: Option rate & not in permitted value set

What causes this issue?

An option rate outside the maximum permissible value range (from 0% to
100%) has been specified.

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?

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 62294 - Option rate & not in permitted value set ?

  The SAP error message "62294 Option rate & not in permitted value set" typically occurs in the context of SAP's financial or controlling modules, particularly when dealing with option rates or currency conversions. This error indicates that the option rate being used is not recognized as valid within the defined set of permitted values in the system.
  Cause:
  
  Invalid Option Rate: The option rate being referenced in the transaction is not defined in the system or is incorrectly entered.
  Configuration Issues: The configuration settings for option rates may not be set up correctly, leading to the system not recognizing the rate.
  Data Entry Errors: There may be a typographical error in the entry of the option rate.
  Missing Master Data: The necessary master data for the option rate may not be maintained in the system.
  
  Solution:
  
  Check the Option Rate: Verify the option rate being used in the transaction. Ensure that it is correctly entered and exists in the system.
  Review Configuration: Go to the configuration settings in SAP (usually in SPRO) and check the settings for option rates. Ensure that the rate is defined and falls within the permitted value set.
  Maintain Master Data: If the option rate is missing, you may need to create or update the relevant master data in the system.
  Consult Documentation: Refer to SAP documentation or help files for specific guidance on how to maintain option rates and permitted value sets.
  Contact Support: If the issue persists, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  Related Information:
  
  Transaction Codes: Depending on the context, you may need to use specific transaction codes to check or maintain option rates (e.g., OB08 for exchange rates).
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  User Roles and Authorizations: Ensure that the user has the necessary authorizations to view and modify option rates in the system.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.