How To Fix FI_E092 - No penalty interest rate maintained for a date prior to &1

FI_E092 - Overview

• Message type: E = Error

• Message class: FI_E - Message Class for FM English Developers

• Message number: 092

• Message text: No penalty interest rate maintained for a date prior to &1

What causes this issue?

You do not have an entry in the penalty interest rates table for the
date/period prior to the baseline date of &V1&.

System Response

No penalties will be calculated.

How to fix this error?

You need to create an entry for the period preceding &V1& and maintain
a penalty interest rate valid for this period by running the following
transaction:

<DS:TRAN.OFIR>Maintain penalty interest rates</>
ENDIF

Error message extract from SAP system. Copyright SAP SE.

FI_E092 - Details

• The SAP error message FI_E092 indicates that there is no penalty interest rate maintained for a specific date prior to the date specified in the error message (represented by &1). This error typically occurs in the context of financial transactions, particularly when dealing with overdue payments or interest calculations.
  
  Cause:
  The primary cause of this error is that the system is attempting to calculate penalty interest for a date where no interest rate has been defined in the system. This can happen if:
  
  The penalty interest rates have not been maintained in the configuration for the relevant period.
  The date for which the penalty interest is being calculated is earlier than the date for which the interest rates are defined.
  There may be a gap in the interest rate configuration, meaning that there is no valid interest rate for the specified date.
  
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Interest Rate Configuration:
  
  Go to