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

TPM_TRL297 - Overview

• 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.