How To Fix FICO1196 - Parallel interest conditions not allowed (see long text)

SAP Error Message - Details

• Message type: E = Error

• Message class: FICO1 -

• Message number: 196

• Message text: Parallel interest conditions not allowed (see long text)

What causes this issue?

You attempted to edit two conditions from the <ZK>Nominal Interest</>
category and the same entries for currency and possibly
differentiations.

System Response

Parallel interest conditions are currently not supported. The conditions
thus contain errors.

How to fix this error?

Use only one condition type from the <ZK>Nominal Interest</> condition
category.

Procedure for System Administrators

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 FICO1196 - Parallel interest conditions not allowed (see long text) ?

  The SAP error message FICO1196, which states "Parallel interest conditions not allowed (see long text)," typically occurs in the context of financial transactions involving interest calculations in the SAP system, particularly in the Financial Accounting (FI) and Controlling (CO) modules.
  Cause:
  This error arises when there are conflicting interest conditions defined for a financial transaction. In SAP, interest conditions can be set up to calculate interest on overdue payments or other financial obligations. However, the system does not allow multiple interest conditions to be applied simultaneously to the same transaction, which leads to this error.
  Solution:
  To resolve the FICO1196 error, you can take the following steps:
  
  
  Review Interest Conditions: Check the interest conditions that are set up for the transaction in question. Ensure that there are no overlapping or conflicting conditions that would cause the system to attempt to apply multiple interest calculations.
  
  
  Adjust Configuration: If you find that multiple interest conditions are defined, you may need to adjust the configuration in the SAP system. This could involve:
  
  Modifying the interest condition settings in the relevant configuration area (e.g., in the Financial Accounting settings).
  Ensuring that only one interest condition is active for the transaction type you are processing.
  
  
  
  Consult Documentation: Refer to the long text associated with the error message for specific guidance on what conditions are causing the conflict. This can provide insights into which settings need to be changed.
  
  
  Test Changes: After making adjustments, test the transaction again to ensure that the error no longer occurs.
  
  
  Seek Help from SAP Support: If you are unable to resolve the issue through configuration changes, consider reaching out to SAP support or consulting with an SAP FI/CO expert for further assistance.
  
  
  Related Information:
  
  
  Transaction Codes: Familiarize yourself with relevant transaction codes that may help in reviewing and adjusting interest conditions, such as:
  
  OBBA: For maintaining interest calculation settings.
  FBL1N: For displaying vendor line items, which may help in identifying the transaction causing the error.
  
  
  
  Documentation: Review SAP documentation or help files related to interest calculation and configuration in the FI module for more detailed guidance.
  
  
  User Forums: Consider checking SAP community forums or user groups for discussions related to this error, as other users may have encountered and resolved similar issues.
  
  
  By following these steps, you should be able to identify the cause of the FICO1196 error and implement a solution to resolve it.