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How To Fix OIUREP_ROY_REPORTING007 - Lease Allocation Factor must sum to 1 for the same PR/DOI or WL/WC or MP


OIUREP_ROY_REPORTING007 - Overview

  • Message type: E = Error

  • Message class: OIUREP_ROY_REPORTING - Message Class for Royalty Reporting

  • Message number: 007

  • Message text: Lease Allocation Factor must sum to 1 for the same PR/DOI or WL/WC or MP

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  • 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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OIUREP_ROY_REPORTING007 - Details

  • The SAP error message OIUREP_ROY_REPORTING007 indicates that there is an issue with the Lease Allocation Factor in the context of royalty reporting. Specifically, it states that the allocation factors for a given combination of PR (Product), DOI (Date of Interest), WL (Well), WC (Well Completion), or MP (Market Price) must sum to 1. This is a common requirement in financial reporting and allocation processes to ensure that the distribution of values is complete and accurate.
    
    Cause: The error typically arises due to one of the following reasons: Incorrect Allocation Factors: The sum of the allocation factors for the specified combination does not equal 1. This could be due to data entry errors or incorrect calculations. Missing Data: There may be missing allocation factors for some entries, leading to an incomplete sum. Duplicate Entries: There might be duplicate entries for the same PR/DOI or WL/WC or MP, causing the system to miscalculate the total allocation.
    Configuration Issues:

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