How To Fix FINS_IMP_RUN002 - No ECL rate record exists for accounting principle &1 and aging scope &2

FINS_IMP_RUN002 - Overview

• Message type: E = Error

• Message class: FINS_IMP_RUN - Messages/Texts for Impairment Run

• Message number: 002

• Message text: No ECL rate record exists for accounting principle &1 and aging scope &2

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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FINS_IMP_RUN002 - No ECL rate record exists for accounting principle &1 and aging scope &2 ?

  The SAP error message FINS_IMP_RUN002 indicates that there is no ECL (Expected Credit Loss) rate record available for the specified accounting principle and aging scope. This error typically arises during the execution of processes related to financial instruments, particularly when calculating expected credit losses.
  
  Cause:
  
  
  Missing ECL Rate Records: The primary cause of this error is that the system cannot find the required ECL rate records for the specified accounting principle and aging scope. This could be due to:
  
  The ECL rates not being defined in the system.
  The rates being defined but not for the specific combination of accounting principle and aging scope being used.
  Data not being properly maintained or updated in the relevant configuration tables.
  
  
  
  
  Configuration Issues: There may be issues with the configuration settings in the financial instruments module, leading to the absence of necessary data.
  
  
  Data Migration Issues: If data was migrated from another system, it’s possible that the ECL rates were