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

REITOR057 - Overview

• 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