How To Fix CMS_LIQ034 - Lending rate is not zero

SAP Error Message - Details

• Message type: E = Error

• Message class: CMS_LIQ - Liquidation

• Message number: 034

• Message text: Lending rate is not zero

What causes this issue?

The enforceable title has been obtained and set to yes, therefore the
lending rate should be zero. If the lending rate is not zero, it needs
to be reset.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Please check if the lending rate should be changed, as it might be
possible that the full outstanding amount will not be received.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message CMS_LIQ034 - Lending rate is not zero ?

  The SAP error message CMS_LIQ034 indicates that the lending rate is not zero, which typically occurs in the context of financial transactions or loan management within the SAP system. This error can arise in various scenarios, particularly when dealing with loan agreements, interest calculations, or financial postings.
  Cause:
  
  Incorrect Configuration: The lending rate may not be set to zero due to incorrect configuration in the loan management settings or financial product settings.
  Data Entry Error: There may be a manual entry error where the lending rate was incorrectly inputted.
  Incomplete Data: The system may require certain fields to be filled out, and if the lending rate is expected to be zero but is not, it could indicate that other related fields are not properly configured.
  Business Logic: The business rules defined in the system may require that certain conditions be met for the lending rate to be zero, and if those conditions are not satisfied, the error will occur.
  
  Solution:
  
  Check Configuration: Review the configuration settings for the lending rates in the relevant financial module (e.g., Loan Management, Treasury). Ensure that the lending rate is set correctly according to business requirements.
  Review Data Entry: Verify the data entered for the transaction or loan agreement. Ensure that the lending rate is intended to be zero and that it has been entered correctly.
  Adjust Business Rules: If applicable, review the business rules or logic that govern the lending rates. Ensure that the conditions for a zero lending rate are being met.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on the error message and its implications.
  Contact Support: If the issue persists, consider reaching out to SAP support or your internal IT team for further assistance. They may be able to provide insights based on system logs or configurations.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP that pertain to loan management and interest rate settings (e.g., FTR_CREATE, FTR_EDIT, etc.).
  SAP Notes: Check for any SAP Notes related to this error message, as they may provide patches or updates that address known issues.
  User Forums: Engage with SAP community forums or user groups where similar issues may have been discussed, and solutions shared.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.