How To Fix REITOR047 - Option rate determination is not possible for object &1

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 047

• Message text: Option rate determination is not possible for object &1

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

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.

Unfortunately, there isn't any extra information in this error notice.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message REITOR047 - Option rate determination is not possible for object &1 ?

  The SAP error message REITOR047, which states "Option rate determination is not possible for object &1," typically occurs in the context of the SAP Real Estate Management (RE) module. This error indicates that the system is unable to determine the option rate for a specific object, which could be a property, contract, or another relevant entity.
  Causes:
  
  Missing Configuration: The option rate determination may not be properly configured in the system. This could include missing settings in the pricing procedure or the condition records.
  Incomplete Master Data: The master data for the object in question may be incomplete or incorrect. This could involve missing information related to the property, contract, or tenant.
  Invalid or Missing Condition Records: The condition records that define the option rates may not exist or may not be valid for the specified object.
  Incorrect Valuation Area: The valuation area for the object may not be set up correctly, leading to issues in rate determination.
  System Settings: There may be issues with the system settings or parameters that affect how option rates are determined.
  
  Solutions:
  
  Check Configuration: Review the configuration settings for option rate determination in the SAP system. Ensure that all necessary settings are in place, including pricing procedures and condition types.
  Review Master Data: Verify that the master data for the object is complete and accurate. Check for any missing or incorrect entries that could affect rate determination.
  Create/Update Condition Records: If condition records for the option rates are missing, create or update them as necessary. Ensure that they are valid for the object in question.
  Validate Valuation Area: Check the valuation area settings for the object to ensure they are correctly configured.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on option rate determination and related configuration settings.
  Debugging: If the issue persists, consider using debugging tools in SAP to trace the execution and identify where the determination process is failing.
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes such as RECN (for Real Estate Contract Management) or REIS (for Real Estate Information System) to access relevant data and settings.
  SAP Notes: Check for any relevant SAP Notes that may address known issues or provide additional guidance on this error message.
  Support: If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting with SAP experts who can provide assistance based on your specific system configuration and setup.
  
  By following these steps, you should be able to identify the cause of the REITOR047 error and implement a solution to resolve it.