How To Fix >3118 - Interest on this item cannot be calculated due to the int. calc. frequen.

>3118 - Overview

• Message type: E = Error

• Message class: >3 - Lock management messages

• Message number: 118

• Message text: Interest on this item cannot be calculated due to the int. calc. frequen.

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 >3118 - Interest on this item cannot be calculated due to the int. calc. frequen. ?

  The SAP error message 3118 indicates that there is an issue with the interest calculation frequency for a specific item in the system. This error typically arises in the context of financial transactions, particularly when dealing with interest calculations in accounts receivable or payable.
  
  Cause:
  The error message "Interest on this item cannot be calculated due to the int. calc. frequen." suggests that the interest calculation frequency set for the item is either not defined correctly or is incompatible with the transaction being processed. Common causes include:
  
  Incorrect Interest Calculation Frequency: The frequency for calculating interest (e.g., daily, monthly, quarterly) may not be set up properly in the system.
  Missing Configuration: The necessary configuration for interest calculation may not be completed in the system.
  Invalid Parameters: The parameters for the interest calculation (like start date, end date, or interest rate) may be invalid or missing.
  Item Status: The status of the item may not allow for