How To Fix RY462 - Security class & not found for rate type & on &

SAP Error Message - Details

• Message type: E = Error

• Message class: RY - Messages for RM Basis

• Message number: 462

• Message text: Security class & not found for rate type & on &

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 RY462 - Security class & not found for rate type & on & ?

  The SAP error message RY462, which states "Security class & not found for rate type & on &," typically occurs in the context of SAP's pricing and condition management, particularly when dealing with rate types in the context of pricing procedures.
  Cause:
  
  
  Missing Security Class: The error indicates that the system is unable to find a security class associated with the specified rate type. This could be due to:
  
  The security class not being defined in the system.
  The rate type being incorrectly configured or not linked to a valid security class.
  The rate type being used in a context where a security class is required but not available.
  
  
  
  Configuration Issues: There may be issues in the configuration of the pricing procedure or the condition types that reference the rate type.
  
  
  Authorization Issues: Sometimes, the user may not have the necessary authorizations to access the security class or rate type.
  
  
  Solution:
  
  
  Check Configuration:
  
  Go to the configuration settings for pricing in SAP (Transaction code: SPRO).
  Navigate to the relevant section for defining rate types and security classes.
  Ensure that the security class is defined and correctly linked to the rate type in question.
  
  
  
  Define Security Class:
  
  If the security class does not exist, you may need to create it. This can typically be done in the configuration settings under the relevant pricing area.
  
  
  
  Review Rate Type:
  
  Check the rate type settings to ensure it is correctly configured and associated with the appropriate security class.
  
  
  
  Authorization Check:
  
  Verify that the user encountering the error has the necessary authorizations to access the rate type and security class. This may involve checking user roles and permissions.
  
  
  
  Testing:
  
  After making the necessary changes, test the pricing procedure again to ensure that the error is resolved.
  
  
  
  Related Information:
  
  Transaction Codes: You may find it useful to use transaction codes such as VK11 (Create Condition), VK12 (Change Condition), and VK13 (Display Condition) to manage conditions related to pricing.
  Documentation: Refer to SAP Help documentation for detailed information on pricing procedures and condition types.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance on configuration.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP Basis or functional team for further investigation.