How To Fix 65070 - Puttable/callable bond can only be created with right category '08'/'09'

SAP Error Message - Details

• Message type: E = Error

• Message class: 65 - Securities class data

• Message number: 070

• Message text: Puttable/callable bond can only be created with right category '08'/'09'

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 65070 - Puttable/callable bond can only be created with right category '08'/'09' ?

  The SAP error message 65070, which states that a "Puttable/callable bond can only be created with right category '08'/'09'," typically occurs in the context of financial instruments, specifically when dealing with bonds in the SAP system. This error indicates that the bond you are trying to create or modify does not have the correct category assigned to it.
  Cause:
  
  Incorrect Category Assignment: The bond you are trying to create is not assigned to the correct category. In SAP, bonds that are puttable or callable must be categorized under specific categories, which are '08' for puttable bonds and '09' for callable bonds.
  Configuration Issues: There may be configuration issues in the SAP system that prevent the bond from being categorized correctly.
  Data Entry Errors: There might be errors in the data entry process, such as selecting the wrong bond type or category.
  
  Solution:
  
  
  Check Bond Category: Ensure that the bond you are trying to create is assigned to the correct category. You can do this by:
  
  Navigating to the bond creation or modification screen.
  Verifying the category field and ensuring it is set to '08' for puttable bonds or '09' for callable bonds.
  
  
  
  Modify the Bond Type: If the bond is incorrectly categorized, you may need to modify the bond type or create a new bond with the correct category.
  
  
  Review Configuration Settings: If you have the necessary permissions, check the configuration settings in the SAP system to ensure that the categories for bonds are set up correctly. This may involve:
  
  Accessing the configuration settings for financial instruments.
  Ensuring that the categories '08' and '09' are defined and active.
  
  
  
  Consult Documentation: Refer to SAP documentation or help resources for guidance on bond creation and the specific requirements for puttable and callable bonds.
  
  
  Contact Support: If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting with an SAP expert who can provide assistance based on your specific system configuration.
  
  
  Related Information:
  
  SAP Financial Services: Understanding how financial instruments are managed in SAP can help in troubleshooting similar issues.
  Bond Types: Familiarize yourself with different types of bonds and their characteristics, as this knowledge can aid in proper categorization.
  SAP Notes: Check for any relevant SAP Notes that may address this error or provide additional guidance on bond categorization.
  
  By following these steps, you should be able to resolve the error message 65070 and successfully create or modify the puttable or callable bond in SAP.