How To Fix 63006 - & & & &: No calculation type maintained for option rates

63006 - Overview

• Message type: E = Error

• Message class: 63 - Messages for Real Estate Management

• Message number: 006

• Message text: & & & &: No calculation type maintained for option rates

What causes this issue?

No calculation type has been stored in the master data for &v1& &v2&
&v3& &v4& for the determination of the option rates.

System Response

The system will not calculate an option rate for this object.

How to fix this error?

Verify the correctness of the master data for this object. If you want
an automatic calculation of the option rate for this object, you have
to enter an automatic calculation type for this object in the master
data.

Error message extract from SAP system. Copyright SAP SE.

63006 - Details

• The SAP error message 63006, which states "No calculation type maintained for option rates," typically occurs in the context of financial transactions involving options, such as derivatives or financial instruments. This error indicates that the system is unable to determine how to calculate the option rates because the necessary configuration is missing.
  
  Cause:
  
  Missing Configuration: The primary cause of this error is that the calculation type for option rates has not been defined in the system. This could be due to incomplete setup during the configuration of financial instruments or derivatives.
  Incorrect Master Data: The master data for the financial instrument may not have the required settings for option rates.
  Inconsistent Settings: There may be inconsistencies in the settings across different modules or components of SAP that handle financial transactions.
  
  
  Solution:
  To resolve this error, you can follow these steps:
  
  
  Check Configuration:
  
  Navigate to the configuration settings for financial instruments in SAP. This is usually found in the