How To Fix RY124 - First elementary transaction matures before the overall transaction

RY124 - Overview

• Message type: E = Error

• Message class: RY - Messages for RM Basis

• Message number: 124

• Message text: First elementary transaction matures before the overall transaction

What causes this issue?

The terms of the transactions of the leading elementary transaction
(master FGET) are central to the subsequent selection of transactions.
Here, the start of the term of the elementary transaction is BEFORE the
start of the term of the overall generic transaction. Note that in
evaluations, the generic transaction is not selected in the period
between the end of the term of the elementary transaction and the
validity period of the first version.

System Response

How to fix this error?

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

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message RY124 - First elementary transaction matures before the overall transaction ?

  The SAP error message RY124, which states "First elementary transaction matures before the overall transaction," typically occurs in the context of financial transactions, particularly in the area of treasury and risk management. This error indicates that there is a mismatch in the maturity dates of the individual components (elementary transactions) of a financial transaction compared to the overall transaction.
  
  Cause:
  
  Maturity Date Mismatch: The elementary transactions (like legs of a swap or components of a structured product) have maturity dates that are earlier than the maturity date of the overall transaction.
  Incorrect Configuration: There may be an issue with how the transactions are configured in the system, leading to inconsistencies in the maturity dates.
  Data Entry Errors: Manual entry errors during transaction creation can lead to incorrect dates being assigned.
  
  
  Solution:
  
  Review Transaction Dates: Check the maturity dates of both the elementary transactions and the overall transaction. Ensure that all elementary transactions mature on or after