How To Fix JSEL020 - Warning: transaction &1: caplets/floorlets not fixed

SAP Error Message - Details

• Message type: E = Error

• Message class: JSEL - Error messages selection

• Message number: 020

• Message text: Warning: transaction &1: caplets/floorlets not fixed

&CAUSE& Fixing of Interest Derivates Missing
The transaction has caplets/floorlets, which fall before the selection
date, but are not fixed.

System Response

The system rejects the unfixed caplets/floorlets because further useful
processing is impossible.

How to fix this error?

Users:
If you do not want to <ZH>intentionally</> dispense with the
caplets/floorlets, you can choose between the following alternatives:
1.) Check the fixing of the specified transaction and retrieve it if
necessary.
2.) Choose a selection date that falls before the date of the first
unfixed caplet/floorlet.

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Application programming: The system rejects the unfixed
caplets/floorlets when it calculates the NVP, at the latest. Same
procedure as for ALM.

Procedure for System Administrators

Application programming: Interest derivative selection, third level
(CONVERT_TO_SFGDT) CAP/FLOOR

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message JSEL020 - Warning: transaction &1: caplets/floorlets not fixed ?

  The SAP error message JSEL020, which states "Warning: transaction &1: caplets/floorlets not fixed," typically relates to issues in the financial instruments module, particularly in the context of derivatives and structured products like caplets and floorlets. This warning indicates that the system has detected that certain caplets or floorlets associated with a transaction have not been fixed, meaning that the pricing or valuation for these instruments has not been finalized.
  Cause:
  
  Incomplete Data: The caplets or floorlets may not have all the necessary data entered, such as market rates or parameters required for their valuation.
  Valuation Issues: The system may not have been able to calculate the values for these instruments due to missing or incorrect inputs.
  Configuration Settings: There may be issues with the configuration settings in the SAP system that affect how caplets and floorlets are processed.
  Timing Issues: The transaction may be in a state where it is not yet time to fix the caplets/floorlets, or the market data may not be available yet.
  
  Solution:
  
  Check Transaction Data: Review the transaction associated with the warning (indicated by &1) to ensure that all necessary data for the caplets and floorlets is complete and accurate.
  Valuation Process: Ensure that the valuation process for the caplets and floorlets has been executed. This may involve running specific valuation reports or transactions in SAP.
  Market Data: Verify that the required market data is available and correctly configured in the system. This includes interest rates, volatility, and other relevant parameters.
  Configuration Review: Check the configuration settings related to derivatives and structured products in the SAP system to ensure they are set up correctly.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on handling caplets and floorlets in your version of SAP.
  Contact Support: If the issue persists, consider reaching out to SAP support or your internal SAP team for further assistance.
  
  Related Information:
  
  SAP Notes: Look for relevant SAP Notes that may address this specific warning or provide additional troubleshooting steps.
  Transaction Codes: Familiarize yourself with transaction codes related to derivatives and financial instruments, such as those for valuation and reporting.
  User Forums: Engage with SAP user communities or forums where similar issues may have been discussed, providing insights or solutions from other users' experiences.
  
  By following these steps, you should be able to address the warning and ensure that the caplets and floorlets are properly fixed in your SAP system.