How To Fix FTYC064 - Could not determine discount factor

SAP Error Message - Details

• Message type: E = Error

• Message class: FTYC - Messages: Yield Curve Framework

• Message number: 064

• Message text: Could not determine discount factor

What causes this issue?

When a discount factor for the reference interest rate &V1& was
determined, a value was calculated that cannot be displayed.

System Response

The discount factor is set to 1.

How to fix this error?

Check whether the interest rates for the specified reference interest
rate are correct. There are probably high, negative interest rates.

Procedure for System Administrators

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

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FTYC064 - Could not determine discount factor ?

  The SAP error message FTYC064, which states "Could not determine discount factor," typically occurs in the context of financial transactions, particularly when dealing with discount calculations in the SAP system. This error can arise in various scenarios, such as during the processing of invoices, payment processing, or when executing financial reports.
  Causes:
  
  Missing Configuration: The discount factor may not be configured correctly in the system. This could be due to missing entries in the relevant tables or settings.
  Invalid Master Data: The customer or vendor master data may not have the necessary discount information set up.
  Incorrect Document Type: The document type being used may not support discount calculations.
  Missing Condition Records: If the pricing conditions for discounts are not maintained in the system, the discount factor cannot be determined.
  Version Issues: Sometimes, the error can be related to specific versions of SAP or patches that may not be applied.
  
  Solutions:
  
  Check Configuration: Review the configuration settings for