How To Fix CONVERT_OTC016 - & underlyings were read


SAP Error Message - Details

  • Message type: E = Error

  • Message class: CONVERT_OTC - Conversion of OTC Interest Rate Instruments

  • Message number: 016

  • Message text: & underlyings were read

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  • 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.

    Unfortunately, there isn't any extra information in this error notice.



    What else can you do?

    First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

    Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

    You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.


Smart SAP Assistant

  • What is the cause and solution for SAP error message CONVERT_OTC016 - & underlyings were read ?

    The SAP error message CONVERT_OTC016 typically occurs in the context of the SAP system when dealing with the conversion of data, particularly in the context of financial transactions or document processing. The message "underlyings were read" suggests that the system has attempted to read certain underlying data or objects, but encountered an issue during the conversion process.

    Cause:

    1. Data Format Issues: The data being processed may not be in the expected format, leading to conversion errors.
    2. Missing or Incomplete Data: Required fields or data elements may be missing, causing the conversion to fail.
    3. Configuration Issues: There may be configuration settings in the SAP system that are not correctly set up for the specific transaction or data type.
    4. Authorization Issues: The user may not have the necessary permissions to access or convert the data.
    5. System Bugs: There could be bugs or issues in the specific version of SAP being used.

    Solution:

    1. Check Data Integrity: Ensure that all required data fields are populated and that the data is in the correct format.
    2. Review Configuration Settings: Verify that the configuration settings related to the transaction or data type are correctly set up.
    3. User Authorizations: Check if the user has the necessary authorizations to perform the conversion. If not, adjust the user roles accordingly.
    4. Debugging: If you have access to debugging tools, you can trace the process to identify where the error occurs.
    5. SAP Notes: Check the SAP Support Portal for any relevant SAP Notes or patches that address this specific error message.
    6. Consult Documentation: Review the documentation for the specific module or transaction to ensure that all prerequisites are met.
    7. Contact SAP Support: If the issue persists, consider reaching out to SAP Support for assistance, providing them with detailed information about the error and the context in which it occurred.

    Related Information:

    • Transaction Codes: Depending on the context, you may want to look into specific transaction codes related to the financial module or document processing.
    • SAP Community: Engaging with the SAP Community forums can provide insights from other users who may have encountered similar issues.
    • System Logs: Check the system logs (transaction SLG1) for any additional error messages or warnings that may provide more context about the issue.

    By following these steps, you should be able to diagnose and resolve the CONVERT_OTC016 error in your SAP system.

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