How To Fix /PRA/ONRR_2014060 - Calculated royalty rate is &1

SAP Error Message - Details

• Message type: E = Error

• Message class: /PRA/ONRR_2014 -

• Message number: 060

• Message text: Calculated royalty rate is &1

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message /PRA/ONRR_2014060 - Calculated royalty rate is &1 ?

  The SAP error message /PRA/ONRR_2014060 indicates that there is an issue with the calculated royalty rate in the context of oil and gas royalty calculations. The message typically states that the calculated royalty rate is not as expected, which can lead to discrepancies in financial reporting or compliance with regulatory requirements.
  Cause:
  
  Data Input Errors: Incorrect or incomplete data may have been entered into the system, leading to an incorrect calculation of the royalty rate.
  Configuration Issues: The system configuration for royalty calculations may not be set up correctly, including the parameters used for calculations.
  Regulatory Changes: Changes in regulations or royalty rates that have not been updated in the system can lead to discrepancies.
  Calculation Logic Errors: There may be issues in the logic used for calculating the royalty rate, possibly due to customizations or modifications in the SAP system.
  
  Solution:
  
  Review Input Data: Check the input data for accuracy and completeness. Ensure that all necessary fields are filled out correctly.
  Check Configuration: Review the configuration settings related to royalty calculations in SAP. Ensure that the correct parameters and rates are being used.
  Update Regulatory Information: If there have been recent changes in regulations or royalty rates, ensure that these are reflected in the system.
  Debug Calculation Logic: If the issue persists, it may be necessary to debug the calculation logic in the SAP system. This may require the assistance of a technical consultant or SAP support.
  Consult Documentation: Refer to SAP documentation or support notes related to the specific error message for additional guidance and troubleshooting steps.
  
  Related Information:
  
  SAP Notes: Check for any SAP Notes related to this error message, as they may provide specific fixes or patches.
  Transaction Codes: Familiarize yourself with relevant transaction codes that may help in reviewing or adjusting royalty calculations (e.g., PRD1 for royalty data).
  User Forums: Engage with SAP user forums or communities where similar issues may have been discussed, providing insights or solutions from other users.
  
  If the problem continues after following these steps, it may be beneficial to reach out to SAP support for further assistance.