How To Fix JB028 - Enter a valid reference interest rate

JB028 - Overview

• Message type: E = Error

• Message class: JB - General Message Class for IS-B (Development Class JBD)

• Message number: 028

• Message text: Enter a valid reference interest rate

What causes this issue?

You have not entered a valid reference interest rate.

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?

Create a reference interest rate in the IMG or choose a valid existing
one.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message JB028 - Enter a valid reference interest rate ?

  The SAP error message JB028, which states "Enter a valid reference interest rate," typically occurs in the context of financial transactions or configurations involving interest rates in SAP systems, particularly in modules like Treasury and Risk Management (TRM) or Financial Accounting (FI).
  
  Cause:
  
  Invalid Reference Rate: The reference interest rate you are trying to enter does not exist in the system or is not properly configured.
  Missing Configuration: The necessary configuration for the reference interest rate may not be set up in the system.
  Incorrect Data Entry: There may be a typographical error or incorrect format in the interest rate entry.
  Inactive Rate: The reference interest rate might be inactive or not valid for the period you are trying to use it.
  
  
  Solution:
  
  
  Check Configuration:
  
  Go to the configuration settings for interest rates in your SAP system. This can usually be found under the Financial Accounting or Treasury modules.
  Ensure that the reference interest rate you are trying to