How To Fix 6E016 - Condition item contains a reference interest rate

SAP Error Message - Details

• Message type: E = Error

• Message class: 6E - Messages for EMU currency conversion in Treasury

• Message number: 016

• Message text: Condition item contains a reference interest rate

What causes this issue?

Condition item:
Effective from: &v1&
Condition type: &v2&
The condition item contains the reference interest rate "&v4&".

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 6E016 - Condition item contains a reference interest rate ?

  The SAP error message 6E016 indicates that there is an issue with a condition item in a pricing procedure that references an interest rate. This typically occurs in the context of sales and distribution (SD) or financial transactions where pricing conditions are applied.
  Cause:
  The error usually arises due to one of the following reasons:
  
  Missing Reference Interest Rate: The condition item is set up to reference an interest rate that is not defined or is missing in the system.
  Incorrect Configuration: The pricing procedure may not be correctly configured to handle the condition type that references an interest rate.
  Inconsistent Data: There may be inconsistencies in the master data or transaction data that lead to the condition item being unable to find the necessary reference interest rate.
  
  Solution:
  To resolve the error, you can take the following steps:
  
  
  Check Condition Records:
  
  Go to the condition records for the relevant condition type (transaction code: VK11 for creating or VK12 for changing).
  Ensure that the reference interest rate is correctly defined and active.
  
  
  
  Review Pricing Procedure:
  
  Check the pricing procedure assigned to the sales document or transaction (transaction code: V/08).
  Ensure that the condition type that references the interest rate is correctly configured in the pricing procedure.
  
  
  
  Verify Master Data:
  
  Check the master data (customer, material, etc.) to ensure that all necessary information is complete and consistent.
  Ensure that the relevant condition types are maintained for the customer/material combination.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help files related to pricing procedures and condition types to ensure that you are following the correct setup.
  
  
  
  Debugging:
  
  If the issue persists, consider debugging the pricing procedure to identify where the reference interest rate is being called and why it is not being found.
  
  
  
  Contact SAP Support:
  
  If you are unable to resolve the issue, consider reaching out to SAP support for further assistance, especially if this is a recurring issue or if it affects multiple transactions.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  VK11 / VK12: Create/Change Condition Records
  V/08: Maintain Pricing Procedures
  V/06: Maintain Condition Types
  
  
  
  Condition Types: Familiarize yourself with the condition types that are relevant to your pricing procedure and how they interact with interest rates.
  
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance.
  
  
  By following these steps, you should be able to identify and resolve the cause of the error message 6E016 in your SAP system.