How To Fix LQP_MSG005 - No indirect rate given.

SAP Error Message - Details

• Message type: E = Error

• Message class: LQP_MSG - Liquidity Plan Messages

• Message number: 005

• Message text: No indirect rate given.

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

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Smart SAP Assistant

• What is the cause and solution for SAP error message LQP_MSG005 - No indirect rate given. ?

  The SAP error message LQP_MSG005: No indirect rate given typically occurs in the context of SAP Logistics or Project System (PS) modules when the system expects an indirect rate to be defined for a particular cost element or project but cannot find one. This can happen during various processes, such as cost planning, budgeting, or when executing transactions that involve cost calculations.
  Cause:
  
  Missing Configuration: The indirect rate for the relevant cost element or project may not have been configured in the system.
  Incorrect Master Data: The master data for the project or cost element may be incomplete or incorrectly set up.
  Period Closing: If the period is closed, it may prevent the system from accessing the necessary rate information.
  Data Entry Error: There may be a data entry error where the indirect rate was expected but not provided.
  
  Solution:
  
  
  Check Configuration:
  
  Navigate to the configuration settings for indirect rates in the SAP system. Ensure that the necessary rates are defined for the relevant cost elements or projects.
  Use transaction codes like SPRO to access the configuration settings.
  
  
  
  Review Master Data:
  
  Check the master data for the project or cost element in question. Ensure that all required fields, including indirect rates, are filled out correctly.
  Use transaction codes like CJ20N (Project Builder) or KP26 (Change Plan Data) to review and update the data.
  
  
  
  Update Indirect Rates:
  
  If the indirect rates are missing, you may need to create or update them. This can typically be done in the controlling area settings or through specific transaction codes related to cost planning.
  
  
  
  Check Period Status:
  
  Ensure that the period in which you are trying to execute the transaction is open. If it is closed, you may need to reopen it or adjust your transaction to a valid period.
  
  
  
  Consult Documentation:
  
  Review any relevant documentation or help files within SAP for additional guidance on indirect rates and their configuration.
  
  
  
  Contact Support:
  
  If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as CJ20N (Project Builder), KP26 (Change Plan Data), and SPRO (Customizing).
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  User Manuals: Refer to user manuals or training materials specific to your organization's SAP implementation for additional context on indirect rates.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.