How To Fix REITOR065 - Option rate method &1 is obsolete

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 065

• Message text: Option rate method &1 is obsolete

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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message REITOR065 - Option rate method &1 is obsolete ?

  The SAP error message REITOR065 indicates that the option rate method specified in your configuration is obsolete. This typically occurs in the context of financial instruments, particularly in the area of derivatives and options pricing.
  Cause:
  The error arises when the system encounters an option rate method that is no longer supported or has been deprecated in the current version of SAP you are using. This can happen due to updates in the software, changes in regulatory requirements, or improvements in the underlying financial models.
  Solution:
  To resolve this error, you can follow these steps:
  
  
  Identify the Obsolete Method: Check the specific option rate method indicated in the error message (represented by &1). This will help you understand which method is causing the issue.
  
  
  Review Documentation: Consult the SAP documentation or release notes for your version to find out which option rate methods are currently supported and recommended.
  
  
  Update Configuration:
  
  Navigate to the configuration settings for the financial instruments in your SAP system.
  Replace the obsolete option rate method with a supported one. This may involve selecting a new method from a list of available options.
  
  
  
  Test the Changes: After making the necessary changes, perform tests to ensure that the new option rate method works correctly and that the error message no longer appears.
  
  
  Consult SAP Support: If you are unsure about which method to use or if you encounter further issues, consider reaching out to SAP support or your internal SAP team for assistance.
  
  
  Related Information:
  
  Transaction Codes: You may need to use specific transaction codes to access the configuration settings for financial instruments, such as SPRO for configuration or SE11 for data dictionary objects.
  SAP Notes: Check for relevant SAP Notes that may provide additional guidance or patches related to this error.
  Training and Documentation: Ensure that your team is trained on the latest financial instruments and their configurations in SAP to avoid similar issues in the future.
  
  By following these steps, you should be able to resolve the REITOR065 error and ensure that your SAP system is using supported option rate methods.