How To Fix FTI_LDB_MESSAGE063 - ID number &1 is a floater: Interest rate may not be fixed

FTI_LDB_MESSAGE063 - Overview

• Message type: E = Error

• Message class: FTI_LDB_MESSAGE - Messages for TR OLTP Reporting Using Logical Databases

• Message number: 063

• Message text: ID number &1 is a floater: Interest rate may not be fixed

Trados Memory = TR

What causes this issue?

ID number &1 is either a floater or has a complex condition with
variable portions. Therefore, the interest rate may not be determined
correctly for the specified key date. You can only find the fixed
portion of the condition (offset for the variable portion) in the
interest rate field, for example.

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

System Response

How to fix this error?

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 FTI_LDB_MESSAGE063 - ID number &1 is a floater: Interest rate may not be fixed ?

  The SAP error message FTI_LDB_MESSAGE063 indicates that there is an issue with the interest rate configuration for a financial transaction, specifically that the ID number in question is classified as a "floater," meaning it is associated with a floating interest rate rather than a fixed one. This error typically arises in the context of financial instruments, such as loans or derivatives, where the interest rate can vary over time based on market conditions.
  
  Cause:
  
  Incorrect Configuration: The financial instrument is set up with a fixed interest rate, but it is classified as a floater in the system.
  Data Entry Error: There may be an error in the data entry where the interest rate type was incorrectly assigned.
  Inconsistent Settings: The settings in the financial transaction do not align with the expected configuration for floating interest rates.
  
  
  Solution:
  
  
  Review the Financial Instrument Configuration:
  
  Check the configuration of the financial instrument associated with the ID number. Ensure that it