How To Fix FTYC050 - Yield curve type &1 does not exist

SAP Error Message - Details

• Message type: E = Error

• Message class: FTYC - Messages: Yield Curve Framework

• Message number: 050

• Message text: Yield curve type &1 does not exist

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 FTYC050 - Yield curve type &1 does not exist ?

  The SAP error message FTYC050 indicates that the yield curve type specified in your transaction or configuration does not exist in the system. This error typically arises in the context of financial applications, particularly in Treasury and Risk Management (TRM) or Financial Supply Chain Management (FSCM) modules, where yield curves are used for various calculations related to interest rates, pricing, and valuation.
  Cause:
  
  Non-existent Yield Curve Type: The yield curve type you are trying to use has not been defined in the system.
  Incorrect Configuration: The yield curve type may have been incorrectly configured or deleted.
  Authorization Issues: The user may not have the necessary authorizations to access the yield curve type.
  Data Migration Issues: If data was migrated from another system, the yield curve types may not have been transferred correctly.
  
  Solution:
  
  
  Check Configuration:
  
  Go to the configuration settings for yield curves in SAP. This can typically be found under the path: SPRO -> Financial Supply Chain Management -> Treasury and Risk Management -> Market Risk Management -> Yield Curves.
  Verify if the yield curve type you are trying to use is listed. If it is not, you may need to create it.
  
  
  
  Create Yield Curve Type:
  
  If the yield curve type does not exist, you can create it by following the configuration steps in the yield curve settings. Ensure you define all necessary parameters.
  
  
  
  Check for Typographical Errors:
  
  Ensure that the yield curve type you are entering is spelled correctly and matches the defined types in the system.
  
  
  
  Authorization Check:
  
  Verify that the user has the necessary authorizations to access the yield curve types. This can be checked with your SAP security team.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help files related to yield curves for any additional context or steps that may be required.
  
  
  
  Contact SAP Support:
  
  If you are unable to resolve the issue, consider reaching out to SAP support for assistance, especially if this is a production environment.
  
  
  
  Related Information:
  
  Transaction Codes: You may use transaction codes like OB08 (for maintaining exchange rates) or OTC1 (for yield curve types) to access relevant settings.
  SAP Notes: Check for any relevant SAP Notes that may address known issues or provide additional guidance on yield curve types.
  User Forums: Consider visiting SAP community forums or user groups where similar issues may have been discussed.
  
  By following these steps, you should be able to identify the cause of the FTYC050 error and implement a solution to resolve it.