How To Fix TE853 - ***Basis Spreads and Credit Spreads Shifts ******************************

SAP Error Message - Details

• Message type: E = Error

• Message class: TE - Market Risk Management

• Message number: 853

• Message text: ***Basis Spreads and Credit Spreads Shifts ******************************

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.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message TE853 - ***Basis Spreads and Credit Spreads Shifts ****************************** ?

  The SAP error message TE853, which relates to "Basis Spreads and Credit Spreads Shifts," typically occurs in the context of financial instruments, particularly in the area of treasury and risk management. This error can arise during the processing of financial transactions, such as when calculating the net present value (NPV) of cash flows or when dealing with interest rate derivatives.
  Cause:
  The error message TE853 usually indicates that there is an issue with the configuration or data related to basis spreads and credit spreads. Common causes include:
  
  Missing Configuration: The necessary configuration for basis spreads or credit spreads may not be set up in the system.
  Incorrect Data: There may be incorrect or incomplete data in the relevant master data or transaction data.
  Inconsistent Spreads: The spreads defined in the system may not be consistent with the financial instruments being processed.
  Market Data Issues: The market data used for calculations may be outdated or not properly maintained.
  
  Solution:
  To resolve the TE853 error, you can take the following steps:
  
  
  Check Configuration:
  
  Ensure that the basis spreads and credit spreads are correctly configured in the system. This includes checking the settings in the relevant customizing transactions (e.g., SPRO).
  Verify that the spread types are correctly defined and assigned to the relevant financial instruments.
  
  
  
  Review Master Data:
  
  Check the master data for the financial instruments involved. Ensure that all necessary fields are filled out correctly and that there are no missing entries.
  Validate that the relevant market data is up to date and correctly maintained.
  
  
  
  Analyze Transaction Data:
  
  Review the specific transaction that triggered the error. Look for any inconsistencies or missing information that could lead to the error.
  If applicable, check the cash flow definitions and ensure they align with the expected basis and credit spreads.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or notes related to treasury and risk management for any specific guidance on handling basis and credit spreads.
  
  
  
  Contact Support:
  
  If the issue persists after checking the above points, consider reaching out to SAP support for further assistance. Provide them with detailed information about the error, including the context in which it occurred.
  
  
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  Transaction Codes: Familiarize yourself with transaction codes related to treasury management, such as FTR_CREATE (Create Financial Transaction) and FTR_EDIT (Edit Financial Transaction), as these may be relevant when working with financial instruments.
  Training and Documentation: Consider training resources or documentation on SAP Treasury and Risk Management to better understand the configuration and handling of financial instruments.
  
  By following these steps, you should be able to identify and resolve the underlying issues causing the TE853 error in your SAP system.