How To Fix TE605 - Interest or redemption payment for calculation category & not identified

SAP Error Message - Details

• Message type: E = Error

• Message class: TE - Market Risk Management

• Message number: 605

• Message text: Interest or redemption payment for calculation category & not identified

What causes this issue?

A bank product was analyzed according to GAP. It was not possible to
identify the interest and principle payments in its flows. The
calculation type of the product is &V1&.
A customizing or control data setting has not bee properly maintained.

System Response

The cash flow for this bank product won't be correctly analyzed.
The analysis therefore possibly contains erroneous data!

How to fix this error?

Check the customizing settings as well as the entries in the control
tables for calculation types.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message TE605 - Interest or redemption payment for calculation category & not identified ?

  The SAP error message TE605, which states "Interest or redemption payment for calculation category & not identified," typically occurs in the context of financial transactions, particularly in the area of treasury and risk management or financial accounting. This error indicates that the system is unable to identify the interest or redemption payment for a specific calculation category, which can lead to issues in processing financial transactions.
  Causes:
  
  
  Missing Configuration: The calculation category may not be properly configured in the system. This could include missing entries in the relevant tables or settings that define how interest and redemption payments should be processed.
  
  
  Incorrect Master Data: The master data for the financial instruments or contracts may be incomplete or incorrect, leading to the inability to identify the payment type.
  
  
  Transaction Type Issues: The transaction type being used may not be linked to the appropriate calculation category, causing the system to fail in identifying the payment.
  
  
  Custom Code or Enhancements: If there are custom developments or enhancements in the system, they may interfere with the standard processing logic, leading to this error.
  
  
  Data Inconsistencies: There may be inconsistencies in the data related to the financial instruments, such as incorrect dates, amounts, or other relevant fields.
  
  
  Solutions:
  
  
  Check Configuration: Review the configuration settings for the calculation categories in the SAP system. Ensure that all necessary entries are made and that they are correctly linked to the relevant transaction types.
  
  
  Review Master Data: Verify the master data for the financial instruments involved. Ensure that all required fields are filled out correctly and that the data is consistent.
  
  
  Transaction Type Mapping: Check the mapping of transaction types to calculation categories. Ensure that the transaction type being used is correctly associated with the expected calculation category.
  
  
  Debugging Custom Code: If there are custom developments, consider debugging the code to identify any issues that may be causing the error. It may be necessary to consult with a developer or SAP consultant.
  
  
  Consult SAP Notes: Check the SAP Support Portal for any relevant SAP Notes that may address this specific error. There may be patches or updates that can resolve the issue.
  
  
  Testing: After making any changes, conduct thorough testing to ensure that the issue is resolved and that the system processes the interest or redemption payments correctly.
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FBL1N (Vendor Line Item Display), FBL3N (G/L Account Line Item Display), and others that may help in analyzing the financial transactions.
  SAP Documentation: Refer to SAP documentation for treasury and risk management or financial accounting for detailed guidance on configuration and troubleshooting.
  Community Forums: Engage with SAP community forums or user groups where similar issues may have been discussed, and solutions shared.
  
  If the issue persists after following these steps, it may be beneficial to reach out to SAP support for further assistance.