Message type: E = Error
Message class: TE - Market Risk Management
Message number: 724
Message text: Error while adding accrued interest to current stock exchange price (&)
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TE724
- Error while adding accrued interest to current stock exchange price (&) ?The SAP error message TE724 typically indicates an issue related to the calculation of accrued interest when trying to update or process stock exchange prices for financial instruments. This error can occur in various scenarios, particularly in the context of bond or fixed-income securities where accrued interest is a critical component of pricing.
Cause: Data Inconsistency: There may be inconsistencies in the data related to the financial instrument, such as missing or incorrect information about the interest rates, payment dates, or other relevant parameters.
Configuration Issues: The system configuration for the financial instrument may not be set up correctly, leading to errors in the calculation of accrued interest. System Bugs: There could be bugs or issues in the SAP system version you are using that affect the calculation of accrued interest. Missing Master Data: Required master data for the financial instrument may be incomplete or missing, which can prevent the system from calculating accrued interest
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