How To Fix 1FA142 - Posting interest penalty of &1 &2 is canceled

1FA142 - Overview

• Message type: E = Error

• Message class: 1FA - Betragskündigungen und Freibeträge

• Message number: 142

• Message text: Posting interest penalty of &1 &2 is canceled

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

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Smart SAP Assistant

• What is the cause and solution for SAP error message 1FA142 - Posting interest penalty of &1 &2 is canceled ?

  The SAP error message "1FA142 Posting interest penalty of &1 &2 is canceled" typically indicates that a posting related to an interest penalty has been canceled in the system. This message can arise in various scenarios, particularly in financial accounting or treasury management modules.
  
  Cause:
  
  Manual Cancellation: The interest penalty posting may have been manually canceled by a user.
  System Configuration: There may be issues with the configuration settings related to interest calculations or penalty postings.
  Data Inconsistencies: There could be inconsistencies in the data that led to the cancellation of the posting.
  Posting Period Issues: The posting might be in a closed period, leading to the cancellation of the interest penalty.
  Business Logic: Certain business rules or logic may dictate that the penalty should not be posted under specific conditions.
  
  
  Solution:
  
  Check Posting History: Review the posting history to understand why the interest penalty was canceled. Look for any manual interventions or system-generated actions.
  Review Configuration: Ensure that