How To Fix 1N814 - Interest Compensation method &2 does not exist in customizing

1N814 - Overview

• Message type: E = Error

• Message class: 1N - BCA: Payment Item Dialog

• Message number: 814

• Message text: Interest Compensation method &2 does not exist in customizing

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.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message 1N814 - Interest Compensation method &2 does not exist in customizing ?

  The SAP error message 1N814 indicates that the interest compensation method specified in your transaction does not exist in the system's customizing settings. This typically occurs in the context of financial transactions, particularly when dealing with interest calculations in accounts receivable or payable.
  
  Cause:
  
  Missing Customization: The specified interest compensation method has not been defined in the system's configuration.
  Incorrect Input: The method code entered in the transaction may be incorrect or misspelled.
  Transport Issues: If the configuration was recently transported from another system, it may not have been properly imported or activated.
  
  
  Solution:
  
  
  Check Customizing Settings:
  
  Go to the SAP Customizing Implementation Guide (IMG) by using transaction code SPRO.
  Navigate to Financial Accounting (New) > Accounts Receivable and Accounts Payable > Interest Calculation > Define Interest Compensation Methods.
  Verify if the interest compensation method you are trying to use is listed. If it is not, you will need to create it.
  
  
  
  Create or Modify Interest Compensation Method:
  
  If the method