How To Fix 62724 - No percentage rates found for LO no. & & & &

SAP Error Message - Details

• Message type: E = Error

• Message class: 62 - Message Texts for Real Estate

• Message number: 724

• Message text: No percentage rates found for LO no. & & & &

What causes this issue?

For each sales-based rental agreement you must enter the percentage of
basic rent which is to be calculated from the turnover. The percentage
rate could not be determined.

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?

Enter the corresponding turnover data into the rental agreement.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 62724 - No percentage rates found for LO no. & & & & ?

  The SAP error message "62724 No percentage rates found for LO no. & & & &" typically occurs in the context of Logistics (LO) when the system is unable to find the necessary percentage rates for a specific logistics operation or transaction. This error can arise in various scenarios, such as during the execution of a transaction related to pricing, cost calculation, or logistics execution.
  Causes:
  
  Missing Configuration: The percentage rates for the specified logistics operation may not have been configured in the system.
  Incorrect Master Data: The master data related to the logistics operation (e.g., material master, vendor master) may be incomplete or incorrect.
  Data Inconsistency: There may be inconsistencies in the data that prevent the system from retrieving the necessary percentage rates.
  Missing Condition Records: If the system relies on condition records for pricing or cost calculations, these records may not exist for the specified logistics operation.
  
  Solutions:
  
  Check Configuration: Verify that the necessary configuration for percentage rates is in place. This may involve checking the relevant customizing settings in the SAP system.
  Review Master Data: Ensure that the master data related to the logistics operation is complete and accurate. This includes checking the material master, vendor master, and any other relevant data.
  Create Condition Records: If the error is related to pricing, check if the condition records for the relevant pricing procedure exist. If not, create the necessary condition records.
  Consult Documentation: Refer to SAP documentation or help resources for guidance on how to set up percentage rates for the specific logistics operation you are working with.
  Check User Authorizations: Ensure that the user executing the transaction has the necessary authorizations to access the required data.
  
  Related Information:
  
  Transaction Codes: Depending on the context, you may need to use specific transaction codes to check configuration or master data (e.g., SPRO for configuration, MM03 for material master).
  SAP Notes: Search for relevant SAP Notes that may address this specific error message or provide additional troubleshooting steps.
  Support: If the issue persists, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.