How To Fix 64179 - Reference rate must be larger than the subscription price

SAP Error Message - Details

• Message type: E = Error

• Message class: 64 - Treasury Management: Securities

• Message number: 179

• Message text: Reference rate must be larger than the subscription price

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message 64179 - Reference rate must be larger than the subscription price ?

  The SAP error message 64179, which states "Reference rate must be larger than the subscription price," typically occurs in the context of financial transactions, particularly when dealing with subscription pricing and reference rates in SAP systems. This error indicates that the reference rate (which could be an interest rate, exchange rate, or any other financial rate) is not greater than the subscription price set for a particular financial product or service.
  Cause:
  
  Incorrect Data Entry: The reference rate may have been entered incorrectly, or the subscription price may have been set too high.
  Configuration Issues: There may be issues with the configuration of the pricing conditions in the SAP system.
  Market Changes: Changes in market conditions may have led to a situation where the reference rate has decreased, making it lower than the subscription price.
  Currency Conversion Issues: If the reference rate and subscription price are in different currencies, there may be a conversion issue leading to this error.
  
  Solution:
  
  Verify Data: Check the values entered for both the reference rate and the subscription price. Ensure that the reference rate is indeed greater than the subscription price.
  Adjust Pricing Conditions: If the subscription price is set too high, consider adjusting it to align with the reference rate.
  Update Reference Rate: If the reference rate is outdated or incorrect, update it to reflect the current market conditions.
  Check Configuration: Review the configuration settings in the SAP system related to pricing and reference rates to ensure they are set up correctly.
  Currency Conversion: If applicable, ensure that any currency conversions are correctly applied and that the values are being compared in the same currency.
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance on handling pricing and reference rates.
  Documentation: Review SAP documentation related to pricing procedures, subscription management, and financial transactions to understand the expected behavior and configuration.
  Consult with SAP Support: If the issue persists after checking the above points, consider reaching out to SAP support for further assistance.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.