How To Fix J6032 - Time dependence for ref. &1 differs from yield curve type &2

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 032

• Message text: Time dependence for ref. &1 differs from yield curve type &2

What causes this issue?

The time dependence of this reference interest rate is not the same as
that of the yield curve type, although the reference interest rate is
assigned to the yield curve type.

System Response

The reference interest rate can not be saved.

How to fix this error?

Please change the time dependence of the reference interest rate or of
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 J6032 - Time dependence for ref. &1 differs from yield curve type &2 ?

  The SAP error message J6032 indicates a discrepancy in the time dependence of a reference interest rate and the yield curve type in the context of financial instruments, particularly in the area of treasury and risk management. This error typically arises when there is a mismatch between the time-dependent characteristics of a reference rate and the yield curve type being used in a transaction or calculation.
  Cause:
  
  Mismatch in Time Dependence: The reference rate (e.g., LIBOR, EURIBOR) has a specific time dependence (e.g., fixed, floating) that does not align with the yield curve type defined in the system.
  Configuration Issues: Incorrect configuration of the yield curve types or reference rates in the SAP system can lead to this error.
  Data Entry Errors: Incorrect data entry when setting up financial instruments or yield curves can also trigger this error.
  
  Solution:
  
  
  Check Configuration:
  
  Review the configuration settings for the reference rate and yield curve types in the SAP system. Ensure that they are correctly defined and aligned.
  Navigate to the configuration settings in the SAP system (usually found in the transaction SPRO) and verify the settings for interest rate types and yield curves.
  
  
  
  Review Reference Rate Settings:
  
  Check the time dependence settings for the reference rate in question. Ensure that it matches the expected time dependence for the yield curve type being used.
  You can do this by using transaction codes like OY01 (for yield curve types) and OY02 (for reference rates) to review and adjust the settings.
  
  
  
  Correct Data Entry:
  
  If the error is due to incorrect data entry, review the transaction or financial instrument setup to ensure that the correct reference rate and yield curve type are being used.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance on configuring yield curves and reference rates. This can provide insights into best practices and common pitfalls.
  
  
  
  Testing:
  
  After making adjustments, perform tests to ensure that the error no longer occurs and that the financial calculations are functioning as expected.
  
  
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  SAP Community: Engage with the SAP Community forums to see if other users have encountered similar issues and what solutions they have found.
  Training and Documentation: Consider training sessions or documentation on SAP Treasury and Risk Management to better understand the configuration and management of yield curves and reference rates.
  
  By following these steps, you should be able to resolve the J6032 error and ensure that your financial calculations are accurate and compliant with the required configurations.