How To Fix REITOR057 - Option rate determination to the day is not allowed

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 057

• Message text: Option rate determination to the day is not allowed

What causes this issue?

Using this report is only allowed if calculating the option rate to the
exact day is permitted throughout the system. Normally option rates are
determined for the month. (To do so, use transaction REITORCALC (report
RFREIT_OPT_RATE_CALC)).
You should use option rate determination for the exact day only in rare,
special cases. If you need to use option rate determination for the
exact day, contact SAP Support.

System Response

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

How to fix this error?

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message REITOR057 - Option rate determination to the day is not allowed ?

  The SAP error message REITOR057, which states "Option rate determination to the day is not allowed," typically occurs in the context of the SAP Treasury and Risk Management module, particularly when dealing with financial instruments such as options.
  Cause:
  This error usually arises when the system is trying to determine the option rate for a specific date, but the configuration does not allow for daily rate determination. This can happen due to several reasons:
  
  Configuration Settings: The system may be configured to only allow option rate determination at specific intervals (e.g., monthly, quarterly) rather than daily.
  Data Entry Issues: The date for which the option rate is being requested may not be valid or may not have corresponding data in the system.
  Missing Master Data: Required master data for the financial instrument may be incomplete or missing, leading to the inability to determine the rate.
  
  Solution:
  To resolve the REITOR057 error, you can take the following steps:
  
  
  Check Configuration:
  
  Navigate to the configuration settings for option rate determination in the SAP system.
  Ensure that the settings allow for daily rate determination if that is required for your business process. This may involve adjusting the settings in the relevant customizing transaction (e.g., SPRO).
  
  
  
  Review Date and Data:
  
  Verify the date for which you are trying to determine the option rate. Ensure that it is a valid date and that there is data available for that date.
  Check if the option rates are maintained for the specific date in question.
  
  
  
  Master Data Verification:
  
  Ensure that all necessary master data related to the financial instruments is complete and correctly maintained. This includes checking the valuation parameters and any related data.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources related to option rate determination to understand the specific requirements and configurations.
  
  
  
  Contact Support:
  
  If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting with SAP experts who can provide more tailored assistance based on your specific system configuration.
  
  
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance on configuration settings.
  Transaction Codes: Familiarize yourself with transaction codes related to Treasury and Risk Management, such as TRM (Treasury Management) transactions, to navigate and troubleshoot effectively.
  User Forums: Engage with SAP community forums or user groups where similar issues may have been discussed, and solutions shared.
  
  By following these steps, you should be able to identify the cause of the REITOR057 error and implement a suitable solution.