How To Fix 62781 - Corr.items &: Option rate from prev.month missing

62781 - Overview

• Message type: E = Error

• Message class: 62 - Message Texts for Real Estate

• Message number: 781

• Message text: Corr.items &: Option rate from prev.month missing

What causes this issue?

The option rate for &v2& is not available for correction items &v1&.

System Response

The system will not calculate the composite rate for correction items
&v1&.

How to fix this error?

First determine the option rate for &v2& for the correction items
(automatic calculation or manual maintenance), then restart the Monthly
Determination of Composite Rates report for the month of &v3&.

Error message extract from SAP system. Copyright SAP SE.

62781 - Details

• The SAP error message 62781, "Corr.items &: Option rate from prev.month missing," typically occurs in the context of financial transactions, particularly when dealing with currency conversion or financial instruments that require historical exchange rates.
  
  Cause:
  This error indicates that the system is unable to find the required option rate (exchange rate) from the previous month for the currency involved in the transaction. This can happen due to several reasons:
  
  Missing Exchange Rate Data: The exchange rate for the previous month has not been maintained in the system.
  Incorrect Configuration: The configuration settings for currency translation or financial instruments may not be set up correctly.
  Data Entry Errors: There may be errors in the data entry that lead to the system not being able to retrieve the correct rates.
  
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Exchange Rate Maintenance:
  
  Go to the transaction code OB08 (or the relevant transaction for maintaining exchange rates).
  Verify if the