How To Fix T0485 - No interest rates found for curve type &1 in currency &2

SAP Error Message - Details

• Message type: E = Error

• Message class: T0 - General Treasury

• Message number: 485

• Message text: No interest rates found for curve type &1 in currency &2

What causes this issue?

No interest rates have been maintained for yield curve &V1& in currency
&V2&

System Response

You cannot carry out the required calculation or function.

How to fix this error?

Enter the interest rates for the yield curves specified.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message T0485 - No interest rates found for curve type &1 in currency &2 ?

  The SAP error message T0485 "No interest rates found for curve type &1 in currency &2" typically occurs in the context of financial transactions, particularly when dealing with interest rate calculations in the SAP system. This error indicates that the system is unable to find the required interest rates for a specified curve type and currency combination.
  Cause:
  
  Missing Interest Rate Data: The most common cause is that the interest rates for the specified curve type and currency have not been maintained in the system.
  Incorrect Configuration: The curve type or currency may be incorrectly configured or not set up in the system.
  Data Validity: The interest rates may not be valid for the date of the transaction being processed.
  Authorization Issues: There may be authorization issues preventing access to the interest rate data.
  
  Solution:
  
  
  Maintain Interest Rates:
  
  Go to the transaction code OB08 (or the relevant transaction for maintaining interest rates).
  Check if the interest rates for the specified curve type and currency are maintained.
  If not, enter the required interest rates for the relevant periods.
  
  
  
  Check Configuration:
  
  Ensure that the curve type is correctly configured in the system.
  Verify that the currency is correctly set up and linked to the appropriate interest rate curves.
  
  
  
  Validate Data:
  
  Check the validity of the interest rates. Ensure that the rates are valid for the date range of the transaction.
  If the transaction date falls outside the range of maintained interest rates, you may need to add or adjust the rates.
  
  
  
  Review Authorizations:
  
  Ensure that the user has the necessary authorizations to access and maintain interest rate data.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for additional guidance on maintaining interest rates and configuring curve types.
  
  
  
  Related Information:
  
  
  Transaction Codes: 
  
  OB08: Maintain Interest Rates
  TCURR: Maintain Exchange Rates (if currency issues are suspected)
  
  
  
  SAP Notes: Check SAP Notes for any known issues or patches related to interest rate maintenance and configuration.
  
  
  Custom Development: If your organization has custom developments or enhancements related to interest rate calculations, ensure that they are functioning correctly.
  
  
  Testing: After making changes, perform tests to ensure that the error is resolved and that interest calculations are functioning as expected.
  
  
  By following these steps, you should be able to resolve the T0485 error and ensure that the necessary interest rates are available for your financial transactions in SAP.