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

FICUSTOM040 - Overview

• 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