How To Fix RE_IT215 - Correction item &1: average option rate not up-to-date

SAP Error Message - Details

• Message type: E = Error

• Message class: RE_IT - Real Estate Input Tax

• Message number: 215

• Message text: Correction item &1: average option rate not up-to-date

What causes this issue?

The average option rate for correction item &v1& is not up-to-date. The
trivial amount check is not possible.

System Response

The system does not make any calculation for correction item &v1&.

How to fix this error?

Check the master data of correction item &v1&. If necessary, have the
system calculate the average option rate.

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message RE_IT215 - Correction item &1: average option rate not up-to-date ?

  The SAP error message "RE_IT215 Correction item &1: average option rate not up-to-date" typically occurs in the context of Real Estate Management (RE) when there is an issue with the average option rate for a correction item in a rental or lease contract. This error indicates that the system is unable to process the correction item because the average option rate used for calculations is outdated or not properly maintained.
  Cause:
  
  Outdated Average Option Rate: The average option rate for the correction item may not have been updated in the system, leading to discrepancies in calculations.
  Missing Data: The necessary data for calculating the average option rate may be missing or incorrectly entered.
  Configuration Issues: There may be configuration issues in the Real Estate Management module that affect how rates are calculated or updated.
  Data Consistency: There could be inconsistencies in the data related to the rental agreements or correction items.
  
  Solution:
  
  
  Update Average Option Rate:
  
  Navigate to the relevant transaction in SAP where you can maintain the average option rate.
  Ensure that the average option rate is updated to reflect the current rates applicable to the correction item.
  
  
  
  Check Data Consistency:
  
  Review the data associated with the correction item to ensure that all necessary fields are filled out correctly.
  Verify that the rental agreements and related data are consistent and accurate.
  
  
  
  Recalculate Rates:
  
  If applicable, use the functionality in SAP to recalculate the average option rates for the relevant contracts or correction items.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific steps on how to maintain average option rates in your version of SAP.
  
  
  
  Contact Support:
  
  If the issue persists after trying the above solutions, consider reaching out to your SAP support team or consulting with an SAP expert who specializes in Real Estate Management.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP for managing Real Estate contracts, such as RECN (Change Contract) or REIS (Display Contract).
  SAP Notes: Check for any SAP Notes related to this error message, as they may provide additional insights or patches that can resolve the issue.
  Training and Documentation: Ensure that users involved in managing Real Estate contracts are trained on the proper procedures for maintaining rates and handling correction items.
  
  By following these steps, you should be able to address the error message and ensure that the average option rates are up-to-date for your correction items in SAP.