How To Fix RESCMS029 - Option rate detrmination for &1

SAP Error Message - Details

• Message type: E = Error

• Message class: RESCMS - Error When Determining Reference Factor

• Message number: 029

• Message text: Option rate detrmination for &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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message RESCMS029 - Option rate detrmination for &1 ?

  The SAP error message RESCMS029 typically relates to issues with option rate determination in the context of SAP's Real Estate Management (RE-FX) module. This error can occur when the system is unable to determine the appropriate option rate for a specific contract or transaction.
  Cause:
  The error message RESCMS029 can be triggered by several factors, including:
  
  
  Missing Configuration: The option rate determination configuration may not be set up correctly in the system. This includes missing or incorrect entries in the relevant customizing settings.
  
  
  Data Inconsistencies: There may be inconsistencies or missing data in the master data or transaction data that the system relies on to determine the option rate.
  
  
  Invalid Parameters: The parameters used for determining the option rate may be invalid or not applicable for the specific case being processed.
  
  
  Missing Rate Types: The required rate types for the option rate determination may not be defined in the system.
  
  
  Solution:
  To resolve the RESCMS029 error, you can take the following steps:
  
  
  Check Configuration:
  
  Navigate to the customizing settings for option rate determination in the SAP system (usually found under the Real Estate Management settings).
  Ensure that all necessary configurations are in place, including rate types, calculation methods, and any other relevant settings.
  
  
  
  Review Master Data:
  
  Check the master data related to the contract or transaction that is causing the error. Ensure that all required fields are filled out correctly and that there are no inconsistencies.
  
  
  
  Validate Parameters:
  
  Review the parameters being used for the option rate determination. Ensure that they are valid and applicable to the current transaction.
  
  
  
  Check Rate Types:
  
  Verify that the required rate types for option rate determination are defined and active in the system.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance on option rate determination and the RESCMS029 error.
  
  
  
  Debugging:
  
  If you have access to technical resources, consider debugging the process to identify where the determination is failing.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the above points, consider reaching out to SAP support for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP RE-FX that may help in troubleshooting, such as RECN (Contract Management) or REIS (Investment Management).
  SAP Notes: Check for any SAP Notes related to RESCMS029 or option rate determination that may provide additional insights or patches.
  Community Forums: Engage with SAP community forums or user groups where similar issues may have been discussed.
  
  By following these steps, you should be able to identify and resolve the cause of the RESCMS029 error in your SAP system.