How To Fix TRS0063 - Interest rate adjustment for &1 must take place before posting

TRS0063 - Overview

• Message type: E = Error

• Message class: TRS0 - Messages for Reconciliation

• Message number: 063

• Message text: Interest rate adjustment for &1 must take place before posting

What causes this issue?

You attempted to fix a variable coupon for which the interest rate has
not yet been defined in the TRM system.

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

System Response

How to fix this error?

Define the reference interest rate of the security for the date &V1&
(transaction <DS:TRAN.S_ALR_87004555>s_alr_87004555</> or DB view
V_T056P).
Then update the planned rate for the security (transaction fwup). This
implicitly stores the reference interest rate that was just defined as
the interest rate for the coupon.

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 TRS0063 - Interest rate adjustment for &1 must take place before posting ?

  The SAP error message TRS0063, which states "Interest rate adjustment for &1 must take place before posting," typically occurs in the context of Treasury and Risk Management (TRM) when dealing with financial instruments, particularly in the area of interest rate adjustments for loans, deposits, or other financial transactions.
  
  Cause:
  This error usually arises when there is an attempt to post a transaction (like a payment or a journal entry) without first performing the necessary interest rate adjustment for the financial instrument in question. The system requires that any interest rate adjustments be completed before any postings can occur to ensure that the financial records are accurate and reflect the correct interest calculations.
  
  Solution:
  To resolve this error, you should follow these steps:
  
  
  Perform Interest Rate Adjustment:
  
  Navigate to the relevant transaction in SAP where you can perform the interest rate adjustment for the financial instrument indicated by &1.
  Ensure that you have the correct parameters and data