How To Fix RDPT067 - Redemption schedule set &1 for ID no. &2 is not defined in Customizing

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 067

• Message text: Redemption schedule set &1 for ID no. &2 is not defined in Customizing

What causes this issue?

Before you can create a redemption schedule set for a class, you have
to create the name of the redemption schedule set in Customizing for
the Securities area by choosing '<ZK>Define Redemption Schedule Sets
</>'.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message RDPT067 - Redemption schedule set &1 for ID no. &2 is not defined in Customizing ?

  The SAP error message RDPT067 indicates that a redemption schedule has not been defined in the Customizing settings for the specified ID number. This error typically occurs in the context of managing financial instruments, such as bonds or loans, where a redemption schedule is necessary for processing.
  Cause:
  The error is caused by the absence of a defined redemption schedule in the system for the specified ID number. This can happen due to several reasons:
  
  The redemption schedule has not been created or configured in the system.
  The ID number provided does not correspond to any existing redemption schedule.
  There may be a configuration issue or a missing entry in the Customizing settings.
  
  Solution:
  To resolve the RDPT067 error, follow these steps:
  
  
  Check Customizing Settings:
  
  Navigate to the Customizing settings in SAP (Transaction SPRO).
  Go to the relevant area for managing redemption schedules (e.g., Financial Services > Loans and Deposits > Redemption Schedule).
  Verify if the redemption schedule for the specified ID number exists.
  
  
  
  Create or Update Redemption Schedule:
  
  If the redemption schedule does not exist, create a new one by entering the necessary details (e.g., payment dates, amounts).
  If it exists but is not correctly configured, update the schedule to ensure it meets the requirements.
  
  
  
  Validate ID Number:
  
  Ensure that the ID number you are using is correct and corresponds to the intended financial instrument.
  Check if there are any typos or discrepancies in the ID number.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help files related to redemption schedules for additional guidance on configuration.
  
  
  
  Contact Support:
  
  If you are unable to resolve the issue, 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 that may help in managing redemption schedules, such as:
  
  SPRO: Access Customizing settings.
  FBL1N: Display vendor line items (if applicable).
  FBL3N: Display G/L account line items (if applicable).
  
  
  
  SAP Notes: Check for any SAP Notes related to this error message for potential patches or updates that may address the issue.
  
  
  Training and Documentation: Consider training sessions or documentation on financial instrument management in SAP to better understand how redemption schedules work and how to configure them properly.
  
  
  By following these steps, you should be able to resolve the RDPT067 error and ensure that the redemption schedule is correctly defined in the system.