How To Fix CRM_FS_FRA020 - Item &1: No reference interest relevant calc. proc. found in product

SAP Error Message - Details

• Message type: E = Error

• Message class: CRM_FS_FRA - Floating Rate Adjustment errors

• Message number: 020

• Message text: Item &1: No reference interest relevant calc. proc. found in product

What causes this issue?

As regards the pricing process used in the CRM document, the system
could not find a calculation procedure in the financing product that is
relevant for the floating rate adjustment.
To be able to execute a floating rate adjustment, the pricing process
used must have at least one calculation procedure marked as relevant for
the floating rate adjustment.

How to fix this error?

Check the financing product used in the CRM document; in the data
dependent on the distribution chain select at least one calculation
procedure in each pricing process as relevant for floating rate
adjustment.

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

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message CRM_FS_FRA020 - Item &1: No reference interest relevant calc. proc. found in product ?

  The SAP error message CRM_FS_FRA020 indicates that there is no reference interest relevant calculation procedure found for the specified item in the product. This error typically occurs in the context of financial services, particularly when dealing with financial products that require interest calculations.
  
  Cause:
  
  Missing Configuration: The most common cause of this error is that the necessary configuration for the interest calculation procedure is missing or not properly set up in the system.
  Incorrect Product Settings: The product associated with the item may not have the correct settings or may not be linked to a valid interest calculation procedure.
  Data Inconsistencies: There may be inconsistencies in the data related to the product or item, such as missing or incorrect entries in the relevant tables.
  
  
  Solution:
  
  
  Check Product Configuration:
  
  Navigate to the product configuration in the SAP system and verify that the interest calculation procedure is correctly assigned to the product.
  Ensure that the product type supports interest calculations