How To Fix J2797 - You have not specified interest cal. method for fixed interest rate

J2797 - Overview

• Message type: E = Error

• Message class: J2 - Message Class for Development Class JBT

• Message number: 797

• Message text: You have not specified interest cal. method for fixed interest rate

What causes this issue?

You have selected the fixed interest rate in the
<DS:SIMG.JBT_FTP_CALCULATR_PA>Business Add-In for the Weighted,
Independent Tranches Procedure</> without specifying the corresponding
interest calculation method.

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?

Specify an interest calculation method.

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 J2797 - You have not specified interest cal. method for fixed interest rate ?

  The SAP error message J2797, "You have not specified interest calculation method for fixed interest rate," typically occurs in the context of financial transactions involving fixed interest rates, such as loans or investments. This error indicates that the system requires a specific interest calculation method to be defined for the transaction, but it has not been provided.
  
  Cause:
  
  Missing Configuration: The interest calculation method for fixed interest rates has not been defined in the relevant configuration settings.
  Incomplete Master Data: The master data for the financial instrument (e.g., loan, investment) may be incomplete or incorrectly set up, lacking the necessary parameters for interest calculation.
  Transaction Entry Error: The user may have omitted to specify the interest calculation method when entering the transaction.
  
  
  Solution:
  
  
  Define Interest Calculation Method:
  
  Navigate to the configuration settings in SAP (usually through SPRO).
  Go to the relevant section for financial instruments or loans.
  Define the interest calculation method for fixed interest rates. This may involve