How To Fix FTR_GUI627 - Select one among ref. int. rate, percentage rate and fomula for int. rate

SAP Error Message - Details

• Message type: E = Error

• Message class: FTR_GUI - TR Transaction Management

• Message number: 627

• Message text: Select one among ref. int. rate, percentage rate and fomula for int. rate

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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FTR_GUI627 - Select one among ref. int. rate, percentage rate and fomula for int. rate ?

  The SAP error message FTR_GUI627 typically occurs in the context of financial transactions, particularly when dealing with interest rates in the SAP Treasury and Risk Management module. This error indicates that the system requires you to select one of the following options for the interest rate: reference interest rate, percentage rate, or formula for interest rate.
  Cause:
  The error arises when the user attempts to process a financial transaction that involves interest calculations, but has not specified the type of interest rate to be used. The system needs this information to proceed with the calculation and processing of the transaction.
  Solution:
  To resolve this error, you need to select one of the three options for the interest rate in the relevant field. Here’s how you can do that:
  
  Open the Transaction: Go to the transaction where you encountered the error.
  Locate the Interest Rate Field: Find the field where the interest rate is specified.
  Select an Option:
  
  Reference Interest Rate: Choose this if you want to use a predefined interest rate from the system.
  Percentage Rate: Select this option if you want to specify a fixed percentage rate for the transaction.
  Formula for Interest Rate: Use this option if you need to define a custom formula for calculating the interest rate.
  
  
  Save Changes: After making your selection, save the changes and try to process the transaction again.
  
  Related Information:
  
  Documentation: Refer to the SAP Help Portal or your organization's SAP documentation for detailed information on how to set up and manage interest rates in the Treasury module.
  User Roles: Ensure that you have the necessary permissions to make changes to interest rates in the system.
  Consult with Finance Team: If you are unsure which option to select, consult with your finance or treasury team to understand the appropriate interest rate to use for your specific transaction.
  
  If the error persists after making the selection, it may be necessary to check for any additional configuration issues or consult with your SAP support team for further assistance.