How To Fix RDPT047 - Condition type &1 is incorrectly defined; check the Customizing settings

RDPT047 - Overview

• Message type: E = Error

• Message class: RDPT - Messages for Redemption Schedules for Securities Class Data

• Message number: 047

• Message text: Condition type &1 is incorrectly defined; check the Customizing settings

Self-Explanatory Message

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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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message RDPT047 - Condition type &1 is incorrectly defined; check the Customizing settings ?

  The SAP error message RDPT047 indicates that there is an issue with the configuration of a condition type in the pricing procedure. This error typically arises when the condition type specified in the pricing procedure is not correctly defined in the Customizing settings. Here’s a breakdown of the cause, potential solutions, and related information:
  
  Cause:
  
  Incorrect Configuration: The condition type specified in the pricing procedure may not be properly configured in the Customizing settings. This could include missing or incorrect settings for the condition type.
  Missing Condition Records: There may be no condition records created for the specified condition type, which can lead to this error.
  Inconsistent Settings: The condition type may have inconsistent settings, such as incorrect calculation types, access sequences, or other parameters.
  Authorization Issues: Sometimes, the user may not have the necessary authorizations to access or modify the condition type settings.
  
  
  Solution:
  
  
  Check Customizing Settings:
  
  Go to the SAP Customizing Implementation Guide (SPRO).
  Navigate to Sales