How To Fix 62666 - No correction items exist for determining option rate

62666 - Overview

• Message type: E = Error

• Message class: 62 - Message Texts for Real Estate

• Message number: 666

• Message text: No correction items exist for determining option rate

What causes this issue?

You want to know the option rates/composite rates for Real Estate
objects. The system does not have correction items for the selection
criteria given.

System Response

The system has not implemented any authorization for the correction
items.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 62666 - No correction items exist for determining option rate ?

  The SAP error message "62666 No correction items exist for determining option rate" typically occurs in the context of financial transactions, particularly when dealing with options or derivatives in the SAP system. This error indicates that the system is unable to find the necessary correction items to determine the option rate for a specific transaction.
  
  Cause:
  
  Missing Data: The error may arise if there are no correction items available in the system for the specific transaction or option being processed.
  
  Configuration Issues: There may be issues with the configuration of the financial instruments or the valuation methods used in the system.
  Data Inconsistencies: Inconsistencies in the underlying data, such as missing or incorrect entries in the relevant tables, can lead to this error.
  Transaction Type: The transaction type being processed may not be set up correctly to handle options or derivatives.
  
  
  Solution:
  
  Check for Correction Items: Verify if there are any correction items available for the transaction.