How To Fix 1FA108 - Interest penalty &1 &2 transferred for balancing

1FA108 - Overview

• Message type: E = Error

• Message class: 1FA - Betragskündigungen und Freibeträge

• Message number: 108

• Message text: Interest penalty &1 &2 transferred for balancing

What causes this issue?

The specified amount &1 &2 was transferred to balancing for posting as
interest penalty.
If balancing has already been completed, the amount was updated. If this
is not the case, then the amount is updated in the next balancing.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 1FA108 - Interest penalty &1 &2 transferred for balancing ?

  The SAP error message "1FA108 Interest penalty &1 &2 transferred for balancing" typically relates to issues in financial transactions, particularly in the context of interest calculations or penalties that need to be balanced in the system. Here’s a breakdown of the potential causes, solutions, and related information for this error:
  Causes:
  
  Interest Calculation Issues: The error may arise when the system attempts to calculate interest penalties for overdue payments or transactions, and there is a discrepancy in the data.
  Configuration Errors: Incorrect configuration in the financial settings related to interest calculation or penalty settings can lead to this error.
  Data Inconsistencies: Missing or inconsistent data in the relevant financial documents or master data can trigger this error.
  Posting Errors: If there are issues with the posting of financial documents, such as incorrect account assignments or missing entries, this error may occur.
  
  Solutions:
  
  Check Configuration: Review the configuration settings for interest calculation and penalties in the SAP system.