How To Fix 65247 - Parallel interest conditions are not allowed for product category &1

SAP Error Message - Details

• Message type: E = Error

• Message class: 65 - Securities class data

• Message number: 247

• Message text: Parallel interest conditions are not allowed for product category &1

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message 65247 - Parallel interest conditions are not allowed for product category &1 ?

  The SAP error message 65247, which states "Parallel interest conditions are not allowed for product category &1," typically occurs in the context of financial transactions or pricing conditions in SAP, particularly when dealing with interest calculations for loans or financial products.
  Cause:
  This error arises when there are multiple interest conditions defined for a single product category that are set to be applied simultaneously. In SAP, certain product categories are designed to handle only one interest condition at a time to avoid conflicts in calculations. When the system detects that more than one interest condition is being applied to a product category that does not support it, it triggers this error.
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Review Interest Conditions: Check the interest conditions that have been defined for the product category in question. Ensure that there is only one active interest condition at a time.
  
  
  Modify Conditions: If multiple conditions are necessary, consider modifying the product category settings or the conditions themselves to ensure that only one is active at any given time.
  
  
  Consult Configuration: If you have access to the configuration settings, review the settings for the product category in the SAP Customizing Implementation Guide (IMG). Look for settings related to interest conditions and ensure they align with your business requirements.
  
  
  Check Transaction Data: Review the transaction data to ensure that there are no conflicting entries that might be causing the error. This includes checking for any manual entries that may have been made.
  
  
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on handling interest conditions for the relevant product category.
  
  
  Contact SAP Support: If the issue persists and you cannot find a resolution, consider reaching out to SAP support for assistance. They may provide insights specific to your system configuration.
  
  
  Related Information:
  
  Product Categories: Understanding the specific product category and its configuration is crucial. Each category may have different rules regarding interest conditions.
  Interest Condition Types: Familiarize yourself with the different types of interest conditions that can be defined in SAP and their implications.
  SAP Notes: Check for any relevant SAP Notes that may address this error or provide additional context or fixes.
  Testing: After making changes, conduct thorough testing to ensure that the error is resolved and that the system behaves as expected.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.