How To Fix FICUSTOM040 - Interest calculation block must be set for additional revenue type &1

SAP Error Message - Details

• Message type: E = Error

• Message class: FICUSTOM - Customizable Messages for Funds Management

• Message number: 040

• Message text: Interest calculation block must be set for additional revenue type &1

What causes this issue?

Revenue type &v1& is an additional revenue type. The global settings
for requests stipulate that an interest calculation block be
automatically set for additional revenue types. However, you have
deleted the interest calculation block from the request.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Check whether the request with this additional revenue type should not
have an interest calculation block. The result will be that interest is
calculated for the document, for example, when a dunning run is
executed. If you do not want interest to be calculated, you must reset
the interest calculation block.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FICUSTOM040 - Interest calculation block must be set for additional revenue type &1 ?

  The SAP error message FICUSTOM040 indicates that the interest calculation block has not been set for a specific additional revenue type in the system. This error typically arises in the context of financial transactions, particularly when dealing with interest calculations in accounts receivable or payable.
  Cause:
  The error occurs when:
  
  An additional revenue type is being processed, but the system does not have the necessary configuration to handle interest calculations for that revenue type.
  The interest calculation block is not defined in the configuration settings for the specific additional revenue type.
  
  Solution:
  To resolve this error, you need to ensure that the interest calculation block is properly configured for the additional revenue type in question. Here are the steps to do this:
  
  
  Access Customizing Settings:
  
  Go to the SAP Easy Access screen and enter the transaction code SPRO to access the SAP Reference IMG (Implementation Guide).
  
  
  
  Navigate to the Relevant Configuration:
  
  Follow the path: Financial Accounting (New) ? Accounts Receivable and Accounts Payable ? Business Transactions ? Interest Calculation ? Define Additional Revenue Types.
  
  
  
  Define Interest Calculation Block:
  
  In the configuration settings, locate the additional revenue type that is causing the error (indicated by &1 in the error message).
  Ensure that the interest calculation block is set for this revenue type. You may need to create or modify the entry to include the necessary settings.
  
  
  
  Save Changes:
  
  After making the necessary adjustments, save your changes.
  
  
  
  Test the Configuration:
  
  After saving, perform a test transaction that previously triggered the error to ensure that the issue has been resolved.
  
  
  
  Related Information:
  
  Documentation: Refer to SAP documentation or help files for detailed information on interest calculation settings and additional revenue types.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FB70 (Invoice), FB75 (Credit Memo), and others that may be involved in the process.
  Support: If you continue to experience issues, consider reaching out to your SAP support team or consulting with an SAP expert who can provide further assistance.
  
  By following these steps, you should be able to resolve the FICUSTOM040 error and ensure that the interest calculation block is correctly set for the additional revenue type in your SAP system.