How To Fix RY413 - Reference interest rate &1: Change of sign from &2 to &3

SAP Error Message - Details

• Message type: E = Error

• Message class: RY - Messages for RM Basis

• Message number: 413

• Message text: Reference interest rate &1: Change of sign from &2 to &3

What causes this issue?

In accordance with the
<DS:DE.TV_STYP>element category</>, <ZK>logarithmic </>rate changes
have to be calculated. This is not possible when the sign of the rate is
changed.

System Response

The sample from &V2& to &V3& is ignored and is handled like missing
market data.

How to fix this error?

If the calculation failed because of this, you can either change the
<ZK>element category</> (under
<DS:SIMG._V_ATVO3>Define Statistics Type</>) or increase the permitted
number of missing rates.

Procedure for System Administrators

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 RY413 - Reference interest rate &1: Change of sign from &2 to &3 ?

  The SAP error message RY413, which states "Reference interest rate &1: Change of sign from &2 to &3," typically occurs in the context of financial transactions involving interest rates, particularly when dealing with reference interest rates in the SAP system.
  Cause:
  This error message indicates that there has been a change in the sign of a reference interest rate. Specifically, it means that the system has detected a discrepancy where the interest rate was expected to be positive or negative, but it has changed from one sign to another. This can happen due to various reasons, such as:
  
  Data Entry Errors: Incorrect manual entry of interest rates in the system.
  Configuration Issues: Incorrect settings in the interest rate configuration or in the financial transaction settings.
  Changes in Market Conditions: Fluctuations in market interest rates that have not been updated in the system.
  System Updates or Changes: Changes in the underlying data or updates to the system that affect how interest rates are calculated or displayed.
  
  Solution:
  To resolve the RY413 error, you can take the following steps:
  
  
  Verify Interest Rate Data: Check the reference interest rate data in the system to ensure that the values are correct and consistent. Look for any recent changes that may have caused the sign change.
  
  
  Review Configuration Settings: Ensure that the configuration settings for interest rates in the SAP system are correct. This includes checking the settings for the relevant financial modules (e.g., Treasury, Loans, etc.).
  
  
  Update Interest Rates: If the error is due to outdated interest rates, update the reference interest rates in the system to reflect the current market conditions.
  
  
  Consult Documentation: Review SAP documentation or notes related to interest rate handling to ensure that you are following the correct procedures.
  
  
  Contact SAP Support: If the issue persists and you cannot identify the cause, consider reaching out to SAP support for assistance. They may provide insights or patches if this is a known issue.
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP that deal with interest rates, such as transaction codes for maintaining interest rate conditions or for financial transactions.
  SAP Notes: Check for any SAP Notes related to the RY413 error message, as they may provide specific guidance or fixes.
  User Forums: Engage with SAP user communities or forums where similar issues may have been discussed, as other users may have encountered and resolved the same error.
  
  By following these steps, you should be able to identify the cause of the RY413 error and implement a solution to resolve it.