How To Fix RECDIFRS021 - Interest rate calculation not possible - default present value too small

SAP Error Message - Details

• Message type: E = Error

• Message class: RECDIFRS - Messages: IFRS Calculation

• Message number: 021

• Message text: Interest rate calculation not possible - default present value too small

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message RECDIFRS021 - Interest rate calculation not possible - default present value too small ?

  The SAP error message RECDIFRS021, which states "Interest rate calculation not possible - default present value too small," typically occurs in the context of financial transactions or calculations involving interest rates, such as in the case of loans, investments, or other financial instruments. This error indicates that the system is unable to perform the interest rate calculation because the present value (PV) used in the calculation is too small or below a certain threshold.
  Causes:
  
  Insufficient Present Value: The present value of the cash flows or the investment is set too low, which may not be realistic for the interest rate calculation.
  Incorrect Configuration: There may be issues with the configuration of the financial product or the parameters used for the interest rate calculation.
  Data Entry Errors: Incorrect or incomplete data entries in the relevant financial documents or master data can lead to this error.
  System Limitations: The system may have certain limitations or thresholds for the present value that are not being met.
  
  Solutions:
  
  Review Present Value: Check the present value being used in the calculation. Ensure that it is set to a realistic and appropriate amount that meets the requirements for the interest rate calculation.
  Adjust Configuration: If the present value is correct, review the configuration settings for the financial product or transaction type. Ensure that all parameters are set correctly and that there are no discrepancies.
  Data Validation: Validate the data entries related to the transaction. Ensure that all necessary fields are filled out correctly and that there are no missing or incorrect values.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidelines on the interest rate calculation process and any related configuration settings.
  Contact Support: If the issue persists after checking the above points, consider reaching out to SAP support or your internal IT team for further assistance. They may be able to provide insights based on system logs or additional context.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP that pertain to financial calculations, such as those used for loan management or investment calculations.
  SAP Notes: Check for any SAP Notes related to this error message, as they may provide specific fixes or patches that address known issues.
  User Forums: Engage with SAP user communities or forums where similar issues may have been discussed, and solutions shared by other users.
  
  By following these steps, you should be able to identify the root cause of the RECDIFRS021 error and implement an appropriate solution.