How To Fix RECETM016 - &1: The interest rate is not positive

RECETM016 - Overview

• Message type: E = Error

• Message class: RECETM - Messages for Valuation Rule

• Message number: 016

• Message text: &1: The interest rate is not positive

What causes this issue?

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

System Response

How to fix this error?

Procedure for System Administrators

INCLUDE RECA_CUSTOMIZED_MESSAGE_INFO OBJECT DOKU ID TX

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message RECETM016 - &1: The interest rate is not positive ?

  The SAP error message RECETM016 indicates that there is an issue with the interest rate being used in a transaction or configuration. Specifically, the message states that the interest rate is not positive, which means that the system has encountered a zero or negative interest rate where a positive value is expected.
  
  Cause:
  
  Incorrect Configuration: The interest rate may not have been set up correctly in the relevant configuration settings.
  Data Entry Error: A user may have entered a zero or negative value for the interest rate in a transaction or master data record.
  Calculation Issues: If the interest rate is derived from calculations or formulas, there may be an error in the logic that results in a non-positive value.
  Master Data Issues: The interest rate defined in the master data for a financial instrument or loan may be incorrect.
  
  
  Solution:
  
  
  Check Configuration: 
  
  Navigate to the relevant configuration settings in SAP (e.g., in the Financial Services module)