How To Fix REITDS018 - &1 &2: no correction object for determining the option rate

SAP Error Message - Details

• Message type: E = Error

• Message class: REITDS - Messages for Input Tax Distribution

• Message number: 018

• Message text: &1 &2: no correction object for determining the option rate

What causes this issue?

According to your Customizing settings, during input tax distribution
for line item &v2& with reference key &v1&, the system does <ZH>not</>
get the option rate from the account assignment object. Instead the
option rate comes from the assigned correction object. However, a
correction object was not yet assigned to the line item.
If the original account assignment object is an asset, then, regardless
of the Customizing settings, it is absolutely necessary to assign a
correction object for option rate determination.

System Response

The system <ZH>cannot</> determine the option rate for the distribution.

How to fix this error?

Assign a correction object to the line item.

Procedure for System Administrators

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 REITDS018 - &1 &2: no correction object for determining the option rate ?

  The SAP error message REITDS018 typically occurs in the context of Real Estate Management (RE) when the system is unable to find a correction object for determining the option rate. This can happen in various scenarios, such as when processing rental agreements, lease contracts, or other financial transactions related to real estate.
  Cause:
  The error message REITDS018 indicates that the system is unable to determine the option rate because it cannot find the necessary correction object. This can be due to several reasons, including:
  
  Missing Configuration: The correction object for the option rate may not be configured in the system.
  Incorrect Master Data: The master data related to the real estate object or contract may be incomplete or incorrect.
  Missing or Incorrect Condition Records: The condition records that define the option rates may not exist or may not be set up correctly.
  Versioning Issues: There may be issues with the versioning of the contracts or agreements that prevent the system from accessing the correct data.
  
  Solution:
  To resolve the REITDS018 error, you can take the following steps:
  
  
  Check Configuration:
  
  Ensure that the correction object for determining the option rate is properly configured in the system. This may involve checking the settings in the Real Estate Management module.
  
  
  
  Review Master Data:
  
  Verify that all relevant master data (e.g., property, tenant, lease agreements) is complete and accurate. Look for any missing or incorrect entries.
  
  
  
  Check Condition Records:
  
  Go to the condition records related to the option rates and ensure that they are correctly defined. You can use transaction codes like VK11 or VK12 to create or modify condition records.
  
  
  
  Analyze the Contract:
  
  Review the specific contract or agreement that is causing the error. Check if the option rate is defined and if the contract is in the correct status.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance on the REITDS018 error and the configuration of option rates.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the above points, consider reaching out to SAP support for further assistance. They may provide insights based on the specific configuration and version of your SAP system.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as RECN (for contract management) and REIS (for real estate information system) that may help in troubleshooting.
  SAP Notes: Check for any SAP Notes related to REITDS018 that may provide additional context or solutions.
  User Forums: Engage with SAP community forums or user groups where similar issues may have been discussed.
  
  By following these steps, you should be able to identify the root cause of the REITDS018 error and implement a solution to resolve it.