How To Fix ICC_TR511 - Do not use any reference interest rates for indicator &1

ICC_TR511 - Overview

• Message type: E = Error

• Message class: ICC_TR - Turkey

• Message number: 511

• Message text: Do not use any reference interest rates for indicator &1

What causes this issue?

You have entered a reference interest rate for interest indicator &v1&,
but the system does not support this functon. Instead, you maintain the
valid interest rate in the <LS>Premium</> field.

System Response

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

How to fix this error?

<DS:TRAN.OB81>Maintain</> the interest terms without entering a
reference interest rate.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message ICC_TR511 - Do not use any reference interest rates for indicator &1 ?

  The SAP error message ICC_TR511, which states "Do not use any reference interest rates for indicator &1," typically occurs in the context of financial transactions involving interest rates, particularly in the Treasury and Risk Management module of SAP.
  
  Cause:
  This error message is triggered when a transaction or configuration attempts to use a reference interest rate that is not allowed for the specified indicator. The indicator in question could relate to various financial instruments or settings that do not support the use of reference interest rates.
  Possible Causes:
  
  Incorrect Configuration: The financial instrument or transaction type may not be configured to use reference interest rates.
  Indicator Restrictions: The specific indicator (represented by &1) may have restrictions that prevent the use of reference interest rates.
  Missing Master Data: The necessary master data for the reference interest rate may not be set up correctly in the system.
  Transaction Type Limitations: Certain transaction types may inherently not support reference interest