How To Fix FKKCM301 - Reference interest &1 not supported

SAP Error Message - Details

• Message type: E = Error

• Message class: FKKCM - Credit Management

• Message number: 301

• Message text: Reference interest &1 not supported

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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FKKCM301 - Reference interest &1 not supported ?

  The SAP error message FKKCM301 indicates that a reference interest rate specified in a financial transaction is not supported or recognized by the system. This error typically occurs in the context of contract accounts receivable and payable (FI-CA) when dealing with interest calculations.
  Cause:
  
  Invalid Reference Interest Rate: The reference interest rate specified in the transaction does not exist in the system or is not configured correctly.
  Configuration Issues: The interest rate type may not be set up properly in the system, or the relevant settings for interest calculation may be missing.
  Data Inconsistencies: There may be inconsistencies in the data related to the interest rates, such as missing entries in the relevant tables.
  
  Solution:
  
  
  Check Configuration:
  
  Go to the configuration settings for interest calculation in the SAP system. This can typically be found under SPRO ? Financial Accounting ? Contract Accounts Receivable and Payable ? Basic Functions ? Interest Calculation.
  Ensure that the reference interest rate you are trying to use is defined and active.
  
  
  
  Verify Interest Rate Type:
  
  Check if the interest rate type is correctly defined in the system. You can do this by navigating to the relevant configuration area and ensuring that the interest rate type is set up with the correct parameters.
  
  
  
  Update or Create Reference Interest Rate:
  
  If the reference interest rate does not exist, you may need to create it. This involves defining the interest rate in the system and ensuring it is linked to the appropriate financial transactions.
  
  
  
  Check for Data Consistency:
  
  Run consistency checks to ensure that all necessary data related to interest rates is correctly maintained in the system. This may involve checking relevant tables and entries.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or notes related to interest calculation and the specific error message for additional guidance.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the above points, consider reaching out to SAP support for further assistance. They may provide specific notes or patches that address the issue.
  
  
  
  Related Information:
  
  Transaction Codes: You may use transaction codes like OB08 to maintain exchange rates or interest rates, and SIMG to access configuration settings.
  SAP Notes: Search for relevant SAP Notes in the SAP Support Portal that may address this specific error or provide additional troubleshooting steps.
  User Forums: Consider checking SAP community forums or user groups for similar issues and solutions shared by other users.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.