How To Fix RY408 - Scenario progression & for yield curve &, date & and currency & is empty

SAP Error Message - Details

• Message type: E = Error

• Message class: RY - Messages for RM Basis

• Message number: 408

• Message text: Scenario progression & for yield curve &, date & and currency & is empty

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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message RY408 - Scenario progression & for yield curve &, date & and currency & is empty ?

  The SAP error message RY408 typically indicates that there is an issue with the configuration or data related to the yield curve, particularly in the context of financial instruments or treasury management. The message suggests that the system is unable to find the necessary data for the specified scenario progression, yield curve, date, and currency.
  Cause:
  
  Missing Yield Curve Data: The yield curve data for the specified currency and date may not be maintained in the system.
  Incorrect Configuration: The configuration settings for the yield curve or the financial instrument may not be set up correctly.
  Data Entry Errors: There may be errors in the data entry for the scenario progression, yield curve, or related parameters.
  Time Frame Issues: The date specified may fall outside the range of available yield curve data.
  
  Solution:
  
  
  Check Yield Curve Data:
  
  Navigate to the relevant transaction (e.g., transaction code TBB1 for yield curves) and verify that the yield curve data exists for the specified currency and date.
  If the data is missing, you will need to create or update the yield curve.
  
  
  
  Review Configuration:
  
  Ensure that the yield curve is correctly configured in the system. This may involve checking the settings in the Financial Services (FS) module or Treasury Management module.
  Verify that the yield curve is assigned to the correct financial instruments.
  
  
  
  Validate Input Parameters:
  
  Double-check the input parameters for the scenario progression, yield curve, date, and currency to ensure they are correct and valid.
  
  
  
  Check Time Frame:
  
  Ensure that the date you are using falls within the range of the available yield curve data. If necessary, adjust the date to one that is valid.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance on yield curves and related configurations.
  
  
  
  Contact Support:
  
  If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as TBB1 (for yield curves), TBB2 (for yield curve maintenance), and others related to treasury management.
  SAP Notes: Check for any SAP Notes related to yield curves and error messages for potential fixes or patches.
  Training and Documentation: Ensure that users involved in financial operations are trained on how to maintain and configure yield curves properly.
  
  By following these steps, you should be able to identify and resolve the issue related to the RY408 error message in SAP.