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 that all input data is correct and complete.
  
  
  Adjust Interest Rate Limits: If the 2% limit is too restrictive for your current financial environment, consider adjusting the limit in the system configuration. This can typically be done in the customizing settings for Treasury Management.
  
  
  Recalculate Effective Interest Rate: If the transaction is valid, you may need to recalculate the effective interest rate to ensure it meets the required criteria.
  
  
  Consult Documentation: Review SAP documentation or consult with your SAP support team to understand the specific configuration settings related to interest rates and limits.
  
  
  Check for Updates: Ensure that your SAP system is up to date with the latest patches and updates, as there may be fixes or enhancements related to this issue.
  
  
  Related Information:
  
  SAP Notes: Check SAP Notes for any known issues or updates related to TPM_TRL298. SAP Notes often provide solutions or workarounds for specific error messages.
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP for managing Treasury and Risk Management, such as:
  
  TPM1: Create Financial Transaction
  TPM2: Change Financial Transaction
  TPM3: Display Financial Transaction
  
  
  Training and Documentation: Consider training for users involved in Treasury Management to minimize data entry errors and improve understanding of interest rate calculations.
  
  If the issue persists after following these steps, it may be beneficial to engage with SAP support or a consultant who specializes in Treasury Management for further assistance.