How To Fix RY355 - Volatility type & not maintained

SAP Error Message - Details

• Message type: E = Error

• Message class: RY - Messages for RM Basis

• Message number: 355

• Message text: Volatility type & not maintained

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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message RY355 - Volatility type & not maintained ?

  The SAP error message RY355, which states "Volatility type & not maintained," typically occurs in the context of SAP's Financial Supply Chain Management (FSCM) or when dealing with derivatives and financial instruments in the SAP system. This error indicates that a specific volatility type has not been defined or maintained in the system, which is necessary for certain calculations or processes related to financial instruments.
  Cause:
  
  Missing Configuration: The volatility type referenced in the error message has not been set up in the system. This could be due to a lack of configuration in the relevant customizing settings.
  Incorrect Data Entry: The volatility type may have been incorrectly entered in the transaction or master data, leading to the system not recognizing it.
  Transport Issues: If the configuration was recently transported from another system (e.g., from development to production), it may not have been properly transported or activated.
  
  Solution:
  
  
  Maintain Volatility Type:
  
  Go to the relevant customizing transaction in SAP (usually in the area of Financial Instruments or Risk Management).
  Navigate to the section where volatility types are defined (this could be under "Define Volatility Types" or similar).
  Create or maintain the volatility type that is causing the error. Ensure that all necessary fields are filled out correctly.
  
  
  
  Check Configuration:
  
  Verify that the configuration settings for volatility types are complete and correct.
  Ensure that the volatility type is linked to the appropriate financial instruments or derivatives.
  
  
  
  Data Validation:
  
  Check the transaction or master data where the error occurred to ensure that the volatility type is correctly entered and matches the defined types in the system.
  
  
  
  Transport Check:
  
  If the issue arose after a transport, check the transport logs to ensure that all necessary objects were included and that the configuration was activated in the target system.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance on maintaining volatility types in your version of SAP.
  
  
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like SPRO (for customizing) or specific transaction codes related to financial instruments to access the relevant configuration areas.
  SAP Notes: Check for any SAP Notes related to this error message, as they may provide additional insights or patches that address known issues.
  Support: If the issue persists after following the above steps, consider reaching out to your SAP support team or consulting with an SAP expert who specializes in financial instruments.
  
  By addressing the configuration and ensuring that the volatility type is properly maintained, you should be able to resolve the RY355 error message.