How To Fix FTBBYC003 - Yield curve extensions are switched off; Use transaction JBGKN

SAP Error Message - Details

• Message type: E = Error

• Message class: FTBBYC - Messages for DB accesses

• Message number: 003

• Message text: Yield curve extensions are switched off; Use transaction JBGKN

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FTBBYC003 - Yield curve extensions are switched off; Use transaction JBGKN ?

  The SAP error message FTBBYC003 indicates that yield curve extensions are currently switched off in the system. This typically occurs in the context of financial transactions, particularly in the area of treasury and risk management, where yield curves are used for pricing and valuation of financial instruments.
  Cause:
  The error arises when a user attempts to perform an operation that requires yield curve extensions, but the system settings do not allow for this functionality. This can happen due to:
  
  Configuration Settings: The yield curve extension feature may not be activated in the system configuration.
  Transaction Restrictions: The specific transaction being executed may not support yield curve extensions.
  User Authorizations: The user may not have the necessary authorizations to access or modify yield curve settings.
  
  Solution:
  To resolve the error, you can follow these steps:
  
  
  Check Configuration:
  
  Use transaction code JBGKN as suggested in the error message. This transaction is used to manage yield curves and their extensions.
  Verify if the yield curve extensions are enabled in the configuration settings. If not, you may need to enable them.
  
  
  
  Activate Yield Curve Extensions:
  
  If you have the necessary permissions, navigate to the configuration settings for yield curves and ensure that the extension feature is activated.
  This may involve working with your SAP Basis or configuration team to make the necessary changes.
  
  
  
  User Authorizations:
  
  Ensure that your user profile has the required authorizations to access and modify yield curve settings. If not, contact your system administrator to adjust your permissions.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help files related to yield curves and their extensions for additional guidance on configuration and usage.
  
  
  
  Testing:
  
  After making the necessary changes, perform a test transaction to ensure that the error no longer occurs.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with other related transaction codes that may be useful in managing yield curves, such as JBGK (for yield curve maintenance) and JBGK1 (for yield curve display).
  SAP Notes: Check SAP Notes for any known issues or patches related to yield curve extensions that may provide additional insights or solutions.
  Training and Support: If you are unfamiliar with yield curves or the specific transactions, consider seeking training or support from your SAP team or consulting resources.
  
  By following these steps, you should be able to address the FTBBYC003 error and successfully manage yield curve extensions in your SAP system.