How To Fix T1128 - No calendar entered for reference interest rate

T1128 - Overview

• Message type: E = Error

• Message class: T1 - Financial instruments

• Message number: 128

• Message text: No calendar entered for reference interest rate

What causes this issue?

When the reference interest rates were maintained, a calendar for
determining working days was not allocated.

How to fix this error?

Contact your customizing administrator.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message T1128 - No calendar entered for reference interest rate ?

  The SAP error message T1128, "No calendar entered for reference interest rate," typically occurs in the context of financial transactions involving interest rates, such as in the configuration of loans, deposits, or other financial instruments that require interest calculations.
  
  Cause:
  The error indicates that the system is unable to find a calendar associated with the reference interest rate being used in the transaction. This can happen for several reasons:
  
  Missing Configuration: The reference interest rate may not have an associated calendar defined in the system.
  Incorrect Settings: The settings for the interest rate or the financial product may be incomplete or incorrectly configured.
  Data Entry Issues: There may be a data entry error where the reference interest rate is not correctly specified in the transaction.
  
  
  Solution:
  To resolve the T1128 error, you can follow these steps:
  
  
  Check Interest Rate Configuration:
  
  Go to the configuration settings for interest rates in SAP (Transaction code: SPRO).
  Navigate to the relevant section for defining