How To Fix TPM_TRL298 - Effect.int.rate below 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: 298

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

What causes this issue?

The effective interest rate, which is used for amortization, is below
the limit '-99,9999999'. The system will calculate the amortization
amount correctly (based on the actual effective interest rate). However,
the value '-99,9999999' 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_TRL298 - Effect.int.rate below limit &2% for &3 &4 on &1 ?

  The SAP error message TPM_TRL298 indicates that the effective interest rate for a transaction is below a specified limit, which is set at 2% in this case. This error typically occurs in the context of Treasury and Risk Management (TRM) within SAP, particularly when dealing with financial instruments such as loans, bonds, or derivatives.
  
  Cause:
  
  
  Interest Rate Limit: The effective interest rate calculated for the financial transaction is below the minimum threshold of 2%. This could happen due to:
  
  Low market interest rates.
  Incorrect configuration of the financial instrument.
  Errors in the input data or parameters used for the transaction.
  
  
  
  
  Configuration Issues: The settings in the system for interest rate limits may not be aligned with the organization's policies or market conditions.
  
  
  Data Entry Errors: Incorrect data entry during the transaction creation process can lead to an incorrect calculation of the effective interest rate.
  
  
  
  Solution:
  
  
  Review Transaction Details: Check the details of the transaction that triggered the error. Ensure