How To Fix K-706 - Invalid combination Recovery_Rate_Origin - CP/country risk selection

SAP Error Message - Details

• Message type: E = Error

• Message class: K- -

• Message number: 706

• Message text: Invalid combination Recovery_Rate_Origin - CP/country risk selection

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message K-706 - Invalid combination Recovery_Rate_Origin - CP/country risk selection ?

  The SAP error message K-706 "Invalid combination Recovery_Rate_Origin - CP/country risk selection" typically occurs in the context of credit risk management or when dealing with financial instruments in SAP. This error indicates that there is an issue with the configuration or data related to the recovery rate origin and the country risk selection.
  Cause:
  
  Invalid Configuration: The recovery rate origin may not be correctly configured in relation to the country risk settings in your SAP system.
  Data Inconsistency: There may be inconsistencies in the data entered for recovery rates or country risk profiles.
  Missing Entries: The necessary entries for the recovery rate origin or country risk selection may be missing in the relevant tables.
  Incorrect Mapping: The mapping between recovery rates and country risk profiles may not be set up correctly.
  
  Solution:
  
  
  Check Configuration:
  
  Go to the configuration settings for credit risk management in SAP.
  Verify that the recovery rate origins are correctly defined and linked to the appropriate country risk profiles.
  
  
  
  Review Data Entries:
  
  Check the entries for recovery rates and ensure that they are valid and correctly associated with the respective country risk.
  Ensure that the data is consistent across all relevant tables.
  
  
  
  Update Missing Entries:
  
  If you find that certain entries are missing, you may need to create or update them in the relevant configuration tables.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance on configuring recovery rates and country risk settings.
  
  
  
  Testing:
  
  After making changes, perform tests to ensure that the error no longer occurs and that the system behaves as expected.
  
  
  
  Seek Support:
  
  If the issue persists, consider reaching out to SAP support or consulting with an SAP expert who specializes in financial modules.
  
  
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance.
  Transaction Codes: Familiarize yourself with transaction codes related to credit risk management, such as OBPM1 for managing risk categories or OBPM2 for recovery rates.
  User Forums: Engage with SAP community forums or user groups where similar issues may have been discussed.
  
  By following these steps, you should be able to identify and resolve the K-706 error in your SAP system.