How To Fix 1G321 - Error during selection of interest penalty carryforwards (return code &1)

1G321 - Overview

• Message type: E = Error

• Message class: 1G - BKK: Konditionen

• Message number: 321

• Message text: Error during selection of interest penalty carryforwards (return code &1)

What causes this issue?

An error occurred during the selection of the interest penalty
carryforwards from the last balancing period.

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

System Response

Return code:
1 = incorrect/missing entry value
> 1 = System error

Error message extract from SAP system. Copyright SAP SE.

1G321 - Details

• The SAP error message 1G321, which states "Error during selection of interest penalty carryforwards (return code &1)," typically occurs in the context of financial transactions, particularly when dealing with interest penalties in the SAP system. This error can arise during the execution of programs related to financial postings, interest calculations, or carryforward processes.
  
  Cause:
  The error can be caused by several factors, including:
  
  Data Issues: There may be inconsistencies or missing data in the relevant tables that the system is trying to access for calculating interest penalties.
  Configuration Problems: Incorrect configuration settings in the financial module can lead to issues when the system attempts to process interest penalties.
  Authorization Issues: The user executing the transaction may not have the necessary authorizations to access certain data or execute specific functions.
  Program Errors: There could be bugs or issues in the custom programs or standard SAP programs that handle interest penalty calculations.
  
  
  Solution:
  To resolve the error, you can take