How To Fix 63027 - Corr.items &: option rate missing, previous used

SAP Error Message - Details

• Message type: E = Error

• Message class: 63 - Messages for Real Estate Management

• Message number: 027

• Message text: Corr.items &: option rate missing, previous used

What causes this issue?

The option rate for &v2& is missing from correction items &v1&.

System Response

The system is executing the input tax treatment using the previous
option rate (&v3&).

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 63027 - Corr.items &: option rate missing, previous used ?

  The SAP error message "63027 Corr.items &: option rate missing, previous used" typically occurs in the context of financial transactions, particularly when dealing with foreign currency transactions or adjustments in SAP. This error indicates that there is a missing option rate for the correction items being processed, which is necessary for the system to calculate the correct values.
  Cause:
  
  Missing Exchange Rate: The error usually arises when the system cannot find a valid exchange rate for the currency pair involved in the transaction. This can happen if the exchange rate has not been maintained in the system for the relevant date.
  Incorrect Configuration: There may be issues with the configuration of the currency settings in the system, such as missing or incorrect settings in the currency translation or valuation areas.
  Data Entry Errors: There could be errors in the data entry of the transaction, such as incorrect currency codes or missing information in the relevant fields.
  
  Solution:
  
  Check Exchange Rates: Verify that the exchange rates for the relevant currencies are maintained in the system. You can do this by navigating to the transaction code OB08 (Maintain Exchange Rates) and ensuring that the rates are correctly set for the required date.
  Review Transaction Data: Check the transaction data for any inconsistencies or missing information. Ensure that all required fields are filled out correctly.
  Configuration Review: If the issue persists, review the configuration settings related to currency translation and valuation. This may involve checking the settings in the Financial Accounting (FI) module or the Controlling (CO) module.
  Use Previous Rates: If the system allows, you may need to manually input the previous exchange rate that was used for the transaction if it is not automatically retrieved.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on handling currency-related errors.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OB08 for exchange rates, FB50 for general ledger postings, and FB03 for displaying documents.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message. SAP Notes can provide specific solutions or workarounds.
  User Roles and Authorizations: Ensure that the user has the necessary authorizations to view and maintain exchange rates and transaction data.
  
  If the problem continues after following these steps, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in financial transactions within SAP.