How To Fix FAA_POST223 - &1-&2: Posted interest not allowed (deprec. key &3 has no interest phase)

SAP Error Message - Details

• Message type: E = Error

• Message class: FAA_POST - FIAA Posting Messages (Object-Oriented Kernel)

• Message number: 223

• Message text: &1-&2: Posted interest not allowed (deprec. key &3 has no interest phase)

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 FAA_POST223 - &1-&2: Posted interest not allowed (deprec. key &3 has no interest phase) ?

  The SAP error message FAA_POST223 indicates that there is an issue with posting interest for a fixed asset. Specifically, the error states that the posted interest is not allowed because the depreciation key associated with the asset does not have an interest phase defined.
  Cause:
  
  Depreciation Key Configuration: The depreciation key assigned to the asset does not include an interest phase. This means that the system is not set up to calculate or post interest for this particular asset.
  Asset Master Data: The asset master data may be incorrectly configured, leading to the system attempting to post interest when it should not.
  Posting Period: The posting period may not be open for interest postings, or there may be other restrictions in place.
  
  Solution:
  
  
  Check Depreciation Key:
  
  Go to the configuration of the depreciation key in the SAP system (Transaction code: OADB).
  Ensure that the depreciation key assigned to the asset has an interest phase defined. If it does not, you may need to create or modify the depreciation key to include an interest phase.
  
  
  
  Review Asset Master Data:
  
  Check the asset master data (Transaction code: AS03) for the asset in question.
  Verify that the correct depreciation key is assigned and that all relevant fields are correctly filled out.
  
  
  
  Adjust Posting Period:
  
  Ensure that the posting period is open for the type of posting you are trying to perform. You can check this in the period control settings (Transaction code: OB52).
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources for more details on configuring depreciation keys and interest phases.
  
  
  
  Testing:
  
  After making the necessary changes, try to post the interest again to see if the error persists.
  
  
  
  Related Information:
  
  Depreciation Key: A depreciation key in SAP defines how the depreciation is calculated for an asset. It includes various parameters such as the method of depreciation, useful life, and whether interest should be calculated.
  Interest Phase: This is a specific phase in the asset lifecycle where interest can be calculated and posted. If the depreciation key does not have this phase, interest postings will not be allowed.
  Transaction Codes:
  
  AS03: Display Asset Master Data
  OADB: Configuration of Depreciation Keys
  OB52: Open and Close Posting Periods
  
  
  
  If the issue persists after checking these areas, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in asset accounting.