How To Fix FICO1423 - Condition &1 and condition &2 have different interest calculation methods

FICO1423 - Overview

• Message type: E = Error

• Message class: FICO1 -

• Message number: 423

• Message text: Condition &1 and condition &2 have different interest calculation methods

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 FICO1423 - Condition &1 and condition &2 have different interest calculation methods ?

  The SAP error message FICO1423 indicates that there is a conflict between the interest calculation methods for two different conditions in a financial transaction. This typically occurs in the context of interest calculation for loans, receivables, or payables where multiple conditions are applied, and they must be compatible in terms of how interest is calculated.
  
  Cause:
  The error arises when:
  
  Two conditions (e.g., condition types for interest) are set up with different methods of calculating interest. For example, one condition might be set to calculate interest on a simple interest basis, while another might be set to calculate on a compound interest basis.
  The configuration in the system does not allow for the combination of these two different methods for the same transaction.
  
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Review Condition Types: Check the configuration of the condition types involved (Condition &1 and Condition &2). You can do this in the SAP