How To Fix 65060 - Issue premium cannot be greater than the reinvestment discount

SAP Error Message - Details

• Message type: E = Error

• Message class: 65 - Securities class data

• Message number: 060

• Message text: Issue premium cannot be greater than the reinvestment discount

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message 65060 - Issue premium cannot be greater than the reinvestment discount ?

  The SAP error message 65060, which states "Issue premium cannot be greater than the reinvestment discount," typically occurs in the context of financial transactions involving bonds or other securities. This error indicates that the premium being applied to the issue price of a financial instrument exceeds the allowable reinvestment discount.
  Cause:
  
  Incorrect Data Entry: The issue premium may have been incorrectly entered or calculated, leading to a value that exceeds the reinvestment discount.
  Configuration Issues: There may be configuration settings in the SAP system that are not aligned with the financial rules or regulations governing the issuance of securities.
  Calculation Errors: The formulas or logic used to calculate the issue premium and reinvestment discount may be flawed or not properly implemented in the system.
  
  Solution:
  
  Review Input Values: Check the values entered for the issue premium and reinvestment discount. Ensure that the issue premium is less than or equal to the reinvestment discount.
  Adjust Calculations: If the values are derived from calculations, review the formulas to ensure they are correct. Adjust any erroneous calculations accordingly.
  Consult Configuration Settings: If the issue persists, consult with your SAP configuration team to review the settings related to financial instruments. Ensure that they comply with the relevant financial regulations.
  Test with Different Values: Try entering different values for the issue premium and reinvestment discount to see if the error persists. This can help identify if the issue is with specific values or a broader configuration problem.
  Documentation and Support: Refer to SAP documentation for guidance on the specific transaction or module you are working with. If necessary, reach out to SAP support for assistance.
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide updates to the system that could resolve the issue.
  Financial Regulations: Familiarize yourself with the financial regulations governing the issuance of securities in your jurisdiction, as these may impact how premiums and discounts are calculated.
  Training and Resources: Consider additional training or resources for users involved in financial transactions within SAP to minimize the risk of similar errors in the future.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.