How To Fix J6031 - The yield category for ref. &1 differs from one for yield curve type &2

SAP Error Message - Details

• Message type: E = Error

• Message class: J6 - IS-B: Yield curves

• Message number: 031

• Message text: The yield category for ref. &1 differs from one for yield curve type &2

What causes this issue?

The yield category of this reference interest rate isn't consistent
with the yield curve type, although the reference interest rate is
assigned to the yield curve category.

System Response

The reference rate can not be saved.

How to fix this error?

Please change the yield category of the reference rate or the yield
curve type.

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 J6031 - The yield category for ref. &1 differs from one for yield curve type &2 ?

  The SAP error message J6031 indicates a mismatch between the yield category for a reference (typically a financial instrument or transaction) and the yield curve type being used. This error often arises in the context of financial instruments, particularly in treasury and risk management modules where yield curves are utilized for valuation and risk assessment.
  Cause:
  The error occurs when:
  
  The yield category assigned to a reference (e.g., a bond or loan) does not match the yield category expected for the specified yield curve type.
  There may be a configuration issue where the yield categories are not properly defined or aligned in the system.
  The reference data might have been changed or incorrectly set up, leading to inconsistencies.
  
  Solution:
  To resolve the J6031 error, you can take the following steps:
  
  
  Check Configuration:
  
  Go to the configuration settings for yield curves and yield categories in your SAP system. Ensure that the yield categories are correctly defined and that they align with the yield curve types you are using.
  Use transaction codes like SPRO to access the configuration settings.
  
  
  
  Review Reference Data:
  
  Verify the reference data for the financial instrument or transaction that is causing the error. Check the yield category assigned to it and ensure it matches the expected yield category for the yield curve type in question.
  
  
  
  Adjust Yield Categories:
  
  If necessary, adjust the yield category for the reference or modify the yield curve type to ensure they are compatible. This may involve changing settings in the financial instrument master data or yield curve configuration.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources related to yield curves and yield categories for additional guidance on proper configuration and usage.
  
  
  
  Testing:
  
  After making changes, perform tests to ensure that the error is resolved and that the yield calculations are functioning as expected.
  
  
  
  Seek Support:
  
  If the issue persists, consider reaching out to your SAP support team or consulting with an SAP expert who specializes in treasury and risk management.
  
  
  
  Related Information:
  
  Yield Curve Types: These are classifications of yield curves based on different criteria, such as maturity, risk, or type of financial instrument.
  Yield Categories: These are classifications that define how yields are calculated or interpreted for different types of financial instruments.
  SAP Modules: This error is commonly encountered in modules like SAP Treasury and Risk Management (TRM) or Financial Supply Chain Management (FSCM).
  
  By following these steps, you should be able to identify and resolve the cause of the J6031 error in your SAP system.