How To Fix TE698 - Volatiltity type &1

SAP Error Message - Details

• Message type: E = Error

• Message class: TE - Market Risk Management

• Message number: 698

• Message text: Volatiltity type &1

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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message TE698 - Volatiltity type &1 ?

  The SAP error message TE698 related to "Volatility type &1" typically occurs in the context of SAP's Treasury and Risk Management (TRM) module, particularly when dealing with financial instruments and their valuation. The error indicates that there is an issue with the volatility type specified in the system.
  Cause:
  
  Invalid Volatility Type: The specified volatility type (&1) does not exist in the system or is not properly configured.
  Missing Configuration: The volatility type may not have been set up in the system, or the relevant settings for the financial instrument may be incomplete.
  Data Inconsistency: There may be inconsistencies in the data related to the volatility type, such as missing or incorrect entries in the configuration tables.
  
  Solution:
  
  
  Check Configuration:
  
  Go to the configuration settings for volatility types in the SAP system. This can typically be found under the path: SPRO -> Financial Supply Chain Management -> Treasury and Risk Management -> Market Risk Management -> Volatility Types.
  Ensure that the volatility type you are trying to use is defined and correctly configured.
  
  
  
  Validate Input:
  
  Ensure that the input for the volatility type in your transaction or report is correct. Double-check for typos or incorrect values.
  
  
  
  Review Documentation:
  
  Consult the SAP documentation or help files related to volatility types to understand the requirements and configurations needed.
  
  
  
  Check Authorizations:
  
  Ensure that you have the necessary authorizations to access and modify the volatility types in the system.
  
  
  
  Consult with SAP Support:
  
  If the issue persists after checking the configuration and input, consider reaching out to SAP support for further assistance. They may provide insights specific to your system's configuration.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes that may help in troubleshooting, such as SPRO for configuration or SE11 for checking table entries.
  SAP Notes: Search for SAP Notes related to TE698 or volatility types in the SAP Support Portal, as there may be specific patches or updates that address known issues.
  Community Forums: Engage with SAP community forums or user groups where similar issues may have been discussed, and solutions shared.
  
  By following these steps, you should be able to identify and resolve the issue related to the TE698 error message in SAP.