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How To Fix T0519 - Negative interest calculated for 1st currency. Change swap


SAP Error Message - Details

  • Message type: E = Error

  • Message class: T0 - General Treasury

  • Message number: 519

  • Message text: Negative interest calculated for 1st currency. Change swap

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  • 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.



    What else can you do?

    First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

    Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

    You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.


Smart SAP Assistant

  • What is the cause and solution for SAP error message T0519 - Negative interest calculated for 1st currency. Change swap ?

    The SAP error message T0519, which indicates "Negative interest calculated for 1st currency. Change swap?", typically arises in the context of financial transactions involving interest calculations, particularly in the area of treasury management or financial instruments. This error suggests that the system has encountered a situation where a negative interest rate has been calculated for a currency involved in a financial transaction, such as a swap.

    Cause:

    1. Negative Interest Rates: The primary cause of this error is the presence of negative interest rates in the financial market. If the interest rate for a currency is set to a negative value, the system may not be able to process it correctly, leading to this error.
    2. Configuration Issues: There may be issues with the configuration of the financial instruments or the settings related to interest calculations in the SAP system.
    3. Data Entry Errors: Incorrect data entry in the transaction details, such as the interest rate or currency settings, can also lead to this error.
    4. Market Conditions: Changes in market conditions that lead to negative interest rates can trigger this error during the calculation of interest for financial instruments.

    Solution:

    1. Review Interest Rates: Check the interest rates configured in the system for the relevant currencies. If negative interest rates are not intended, update them to reflect the correct values.
    2. Adjust Financial Instruments: If the financial instrument (e.g., swap) is set up with negative interest rates, consider adjusting the terms of the swap or changing the configuration to avoid negative rates.
    3. Transaction Review: Review the specific transaction that triggered the error. Ensure that all data entries are correct and that the transaction complies with the expected financial conditions.
    4. Consult Documentation: Refer to SAP documentation or help resources for guidance on handling negative interest rates and configuring financial instruments.
    5. Contact Support: If the issue persists, consider reaching out to SAP support or your internal SAP team for further assistance. They may provide insights specific to your system configuration and business processes.

    Related Information:

    • SAP Notes: Check for any relevant SAP Notes that address this specific error message or provide updates related to interest calculations and financial instruments.
    • Financial Regulations: Be aware of the financial regulations and market conditions that may affect interest rates, especially in the context of swaps and other financial derivatives.
    • Training and Documentation: Ensure that users involved in financial transactions are trained on how to handle interest rate configurations and understand the implications of negative interest rates.

    By addressing the underlying causes and following the suggested solutions, you should be able to resolve the T0519 error in your SAP system.

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