How To Fix J6074 - Reference interest rate '&' has not been defined completely

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 074

• Message text: Reference interest rate '&' has not been defined completely

What causes this issue?

The reference interest rate definition is incomplete.

System Response

Function can not be completed.

How to fix this error?

Complete the definition for reference interest rates in Customizing
under 'Set up reference interest rate', or choose a different reference
interest rate.

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 J6074 - Reference interest rate '&' has not been defined completely ?

  The SAP error message J6074 indicates that a reference interest rate has not been defined completely in the system. This error typically arises in the context of financial transactions, particularly in areas related to loans, interest calculations, or financial instruments where interest rates are applied.
  Cause:
  The error occurs when:
  
  The reference interest rate has not been fully configured in the system.
  Required parameters or settings for the interest rate are missing or incomplete.
  The interest rate type or its validity period is not properly defined.
  The reference interest rate is not activated or is inactive.
  
  Solution:
  To resolve the error J6074, you can follow these steps:
  
  
  Check Interest Rate Configuration:
  
  Navigate to the configuration settings for interest rates in your SAP system. This is usually found under the Financial Accounting (FI) or Treasury modules.
  Ensure that the reference interest rate in question is defined completely, including all necessary parameters such as:
  
  Rate type
  Validity period
  Calculation method
  Currency
  
  
  
  
  
  Activate the Interest Rate:
  
  If the interest rate is defined but not activated, you will need to activate it. This can typically be done in the same configuration area.
  
  
  
  Review Validity Period:
  
  Ensure that the validity period for the interest rate is correctly set. If the date range is incorrect or if the rate is set to expire, it may lead to this error.
  
  
  
  Check for Missing Entries:
  
  Verify if there are any missing entries or settings that are required for the reference interest rate to function correctly.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance on configuring reference interest rates in your version of SAP.
  
  
  
  Testing:
  
  After making the necessary changes, test the transaction again to ensure that the error has been resolved.
  
  
  
  Related Information:
  
  
  Transaction Codes: You may need to use specific transaction codes to access the configuration settings, such as:
  
  SPRO (SAP Project Reference Object) for configuration.
  Other relevant transaction codes depending on your specific SAP module (e.g., FI, TR).
  
  
  
  SAP Notes: Check the SAP Support Portal for any relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  
  
  User Roles and Authorizations: Ensure that you have the necessary permissions to make changes to interest rate configurations.
  
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a consultant who specializes in SAP financial modules.