How To Fix 1G657 - Wrong interest calculation method for &1. Only ICM &2 possible!


1G657 - Overview

  • Message type: E = Error

  • Message class: 1G - BKK: Konditionen

  • Message number: 657

  • Message text: Wrong interest calculation method for &1. Only ICM &2 possible!

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  • Self-Explanatory Message

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    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 1G657 - Wrong interest calculation method for &1. Only ICM &2 possible! ?
    The SAP error message 1G657 indicates that there is an issue with the interest calculation method being used for a specific financial transaction or object. The message states that the interest calculation method currently assigned is incorrect, and it specifies that only a particular method (ICM &2) is valid for the given context.
    
    Cause: Incorrect Interest Calculation Method: The interest calculation method assigned to the financial transaction or object (represented by &1) does not match the expected method (ICM &2) defined in the system.
    Configuration Issues: There may be a configuration issue in the system where the interest calculation methods are defined, leading to a mismatch. Data Entry Errors: There could be errors in data entry or master data setup that result in the wrong interest calculation method being assigned.
    Solution: Check Configuration: Review the configuration settings for interest calculation methods in the relevant SAP module (e.g., Financial Accounting, Treasury). Ensure that the correct methods are

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