How To Fix T8147 - IRG can only be calculated if fixing <= end of option

T8147 - Overview

• Message type: E = Error

• Message class: T8 - Analysis system evaluations

• Message number: 147

• Message text: IRG can only be calculated if fixing <= end of option

What causes this issue?

The fixing date of the underlying is later than the due date of the
option.

System Response

The system can only calculate the classical IRG (Interest Rate
Guarantee), for which the FRA rate is fixed on the due date of the
option or before.

How to fix this error?

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 T8147 - IRG can only be calculated if fixing <= end of option ?

  The SAP error message T8147, which states "IRG can only be calculated if fixing <= end of option," typically occurs in the context of financial instruments, particularly when dealing with interest rate derivatives or options in the SAP Treasury and Risk Management module.
  
  Cause:
  This error arises when the fixing date (the date on which the interest rate is determined) is later than the end date of the option. In other words, the system is trying to calculate the implied rate for a period that extends beyond the validity of the option. This situation can occur due to:
  
  Incorrect Date Configuration: The fixing date or the option's end date may have been incorrectly configured in the system.
  Data Entry Errors: Manual entry errors when inputting the details of the financial instrument.
  Inconsistent Data: The data for the financial instrument may not be consistent with the expected parameters for calculations.
  
  
  Solution:
  To resolve this error, you can take