How To Fix 1F700 - Interest compensation: Interval for account &1 / &2 not possible

1F700 - Overview

• Message type: E = Error

• Message class: 1F - BKK: Beziehungen

• Message number: 700

• Message text: Interest compensation: Interval for account &1 / &2 not possible

What causes this issue?

For account &v2& in bank area &v1&,
interval start date &v3& and
interval end date &v4&
was transferred.
This constellation cannot be processed as the start date in an interval
must be before or the same as the end date.
The function module does not supply any results.

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?

Error message extract from SAP system. Copyright SAP SE.

1F700 - Details

• The SAP error message 1F700 indicates that there is an issue with the interest compensation interval for a specific account. This error typically arises in the context of financial transactions, particularly when dealing with interest calculations in SAP's Financial Accounting (FI) or Treasury modules.
  
  Cause:
  The error message "Interest compensation: Interval for account &1 / &2 not possible" usually occurs due to one or more of the following reasons:
  
  
  Invalid Account Configuration: The account specified in the error message may not be configured correctly for interest compensation. This could be due to missing settings or incorrect parameters.
  
  
  Date Range Issues: The date range specified for the interest calculation may not be valid. This could happen if the start date is after the end date or if the dates fall outside the allowed periods for interest calculation.
  
  
  Missing Interest Calculation Parameters: The necessary parameters for interest calculation (like interest rates, calculation methods, etc.) may not be