How To Fix FICO1148 - &1 only allowed for overdraft interest

FICO1148 - Overview

• Message type: E = Error

• Message class: FICO1 -

• Message number: 148

• Message text: &1 only allowed for overdraft interest

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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FICO1148 - &1 only allowed for overdraft interest ?

  The SAP error message FICO1148 typically indicates that there is an issue related to the configuration of interest calculation for overdrafts in the Financial Accounting (FI) and Controlling (CO) modules. The message suggests that a certain operation or transaction is being attempted that is not allowed under the current settings for overdraft interest.
  
  Cause:
  
  Configuration Issue: The error often arises when the system is not configured to allow the specific type of interest calculation for overdrafts. This could be due to missing settings in the interest calculation configuration.
  Transaction Type: The transaction being processed may not be compatible with the settings for overdraft interest. For example, if a payment or posting is being made that does not align with the overdraft interest rules, this error can occur.
  Account Settings: The account settings for the customer or vendor may not be set up to allow for overdraft interest calculations.
  
  
  Solution:
  
  
  Check Configuration: Review the configuration settings for