How To Fix RECETM064 - &1: The interest rate specified (&2) differs from the default value (&3)

SAP Error Message - Details

• Message type: E = Error

• Message class: RECETM - Messages for Valuation Rule

• Message number: 064

• Message text: &1: The interest rate specified (&2) differs from the default value (&3)

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 RECETM064 - &1: The interest rate specified (&2) differs from the default value (&3) ?

  The SAP error message RECETM064 indicates that there is a discrepancy between the interest rate specified in a transaction and the default interest rate set in the system. This error typically arises in the context of financial transactions, particularly in areas related to loans, interest calculations, or financial agreements.
  Cause:
  
  Manual Entry Error: The user may have manually entered an interest rate that does not match the default interest rate configured in the system.
  Configuration Issues: The default interest rate may have been changed in the system settings, but the transaction still references the old rate.
  Data Migration Issues: If data was migrated from another system, the interest rates may not have been updated correctly.
  Business Rules: There may be specific business rules or conditions that require a certain interest rate to be used, and the entered rate does not comply with these rules.
  
  Solution:
  
  Verify Interest Rate: Check the interest rate entered in the transaction and compare it with the default interest rate configured in the system. Make sure they match.
  Update Transaction: If the entered interest rate is incorrect, update the transaction with the correct interest rate that matches the default value.
  Review Configuration: If the default interest rate has changed, ensure that all relevant transactions are updated accordingly. This may involve reviewing the configuration settings in the SAP system.
  Consult Documentation: Review any relevant documentation or business rules that may dictate the appropriate interest rate to use for the transaction.
  Contact Support: If the issue persists and you cannot determine the cause, consider reaching out to your SAP support team or consulting SAP documentation for further assistance.
  
  Related Information:
  
  Transaction Codes: Depending on the context of the error, you may need to use specific transaction codes to access the relevant configuration settings or transaction details.
  SAP Notes: Check for any SAP Notes related to this error message, as they may provide additional insights or patches that address the issue.
  User Roles: Ensure that the user has the appropriate permissions to make changes to interest rates or financial transactions in the system.
  Testing: After making changes, conduct thorough testing to ensure that the issue is resolved and that no other related errors occur.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.