How To Fix REITOR034 - Contract &1: No option rate method is defined on &2

REITOR034 - Overview

• Message type: E = Error

• Message class: REITOR - RE: Input Tax Treatment - Option Rate Determination

• Message number: 034

• Message text: Contract &1: No option rate method is defined on &2

What causes this issue?

The option rate should be determined for object &V1& on &V2&. No option
rate method is defined for this contract on this key date. In
Customizing it is set up that no option rates should be determined for
this contract (the indicator <DS:DE.RECNNOOPTMETH>"Option Rate Method
Not Required"</> is set for the contract type).

System Response

Since the contract was selected the system informs you that the option
rate cannot be calculated.

How to fix this error?

If contract &V1& should participate in the option rate determination,
maintain an option rate method for this contract.

Procedure for System Administrators

INCLUDE 'RECA_CUSTOMIZED_MESSAGE_INFO' OBJECT DOKU ID TX

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message REITOR034 - Contract &1: No option rate method is defined on &2 ?

  The SAP error message REITOR034 indicates that there is an issue with a contract in the SAP system, specifically that no option rate method is defined for the contract. This error typically arises in the context of contract management, particularly when dealing with financial contracts that involve options or derivatives.
  
  Cause:
  The error occurs when:
  
  A contract (identified by &1) is being processed, but the system cannot find a defined option rate method for the associated object (identified by &2).
  The option rate method is necessary for calculating rates or values related to options in the contract.
  
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Contract Configuration:
  
  Navigate to the contract in question and verify its configuration settings.
  Ensure that the option rate method is defined for the contract. This can usually be done in the contract management or financial contract settings.
  
  
  
  Define Option Rate Method:
  
  If the option rate method is not defined, you will need