How To Fix TPM_TRL297 - Effect.int.rate above limit &2% for &3 &4 on &1

SAP Error Message - Details

• Message type: E = Error

• Message class: TPM_TRL - Messages Class Treasury Ledger

• Message number: 297

• Message text: Effect.int.rate above limit &2% for &3 &4 on &1

What causes this issue?

The effective interest rate, which is used for amortization, is above
the limit '999,9999999'. The system will calculate the amortization
amount correctly (based on the actual effective interest rate). However,
the value '999,9999999' will be shown as the effective interest rate
used for this amortization posting.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message TPM_TRL297 - Effect.int.rate above limit &2% for &3 &4 on &1 ?

  The SAP error message TPM_TRL297 indicates that the effective interest rate for a transaction exceeds a specified limit, which is set at 2% in this case. This error typically occurs in the context of Treasury and Risk Management (TRM) when dealing with financial instruments such as loans, bonds, or derivatives.
  Cause:
  
  
  Interest Rate Limit Exceeded: The effective interest rate calculated for the financial transaction exceeds the predefined limit of 2%. This could be due to:
  
  Incorrectly entered data (e.g., interest rates, payment terms).
  Changes in market conditions affecting the interest rate.
  Configuration settings in the system that define acceptable interest rate limits.
  
  
  
  Configuration Issues: The system may have been configured to enforce strict limits on interest rates for compliance or risk management purposes.
  
  
  Data Entry Errors: There may be errors in the input data for the financial transaction, leading to an inflated effective interest rate.
  
  
  Solution:
  
  
  Review Transaction Data: Check the details of the transaction that triggered the error. Ensure that all input data, such as interest rates, payment schedules, and other relevant parameters, are correct.
  
  
  Adjust Interest Rate: If the effective interest rate is indeed too high, consider adjusting the terms of the transaction to bring the rate within acceptable limits.
  
  
  Configuration Review: If the limit of 2% is too restrictive for your business needs, consult with your SAP administrator or financial team to review and possibly adjust the configuration settings that define the interest rate limits.
  
  
  Consult Documentation: Refer to SAP documentation or help resources for further guidance on managing interest rates in Treasury and Risk Management.
  
  
  Testing: After making any changes, test the transaction again to ensure that the error is resolved.
  
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional context.
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP TRM, such as TPM1, TPM2, or TPM3, which are used for managing financial transactions.
  User Roles: Ensure that users have the appropriate roles and authorizations to make changes to financial transactions and configurations.
  
  If the issue persists after following these steps, it may be beneficial to engage with SAP support or a consultant who specializes in Treasury and Risk Management for further assistance.