How To Fix FM841 - > Account & / dunning procedure & has no interest calculation indicator

SAP Error Message - Details

• Message type: E = Error

• Message class: FM - Dunning Notices

• Message number: 841

• Message text: > Account & / dunning procedure & has no interest calculation indicator

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.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message FM841 - > Account & / dunning procedure & has no interest calculation indicator ?

  The SAP error message FM841 indicates that there is an issue with the configuration of the account and dunning procedure in relation to the interest calculation indicator. This error typically arises in the context of financial management, particularly when dealing with dunning processes and interest calculations for accounts receivable or payable.
  Cause:
  The error occurs when:
  
  The account specified does not have an interest calculation indicator assigned.
  The dunning procedure being used does not support interest calculation.
  There may be a mismatch between the account type and the dunning procedure settings.
  
  Solution:
  To resolve the FM841 error, you can follow these steps:
  
  
  Check Account Configuration:
  
  Go to the account master data (transaction code FS00 for G/L accounts or FD03 for customer accounts).
  Verify that the account has an interest calculation indicator assigned. If it does not, you will need to assign a valid interest calculation indicator.
  
  
  
  Review Dunning Procedure:
  
  Check the dunning procedure settings (transaction code OBD2).
  Ensure that the dunning procedure is configured to allow for interest calculations. You may need to adjust the settings to include interest calculation if it is not currently enabled.
  
  
  
  Assign Interest Calculation Indicator:
  
  If the account does not have an interest calculation indicator, you can assign one by editing the account master data.
  Make sure to select an appropriate interest calculation indicator that aligns with your business requirements.
  
  
  
  Test the Configuration:
  
  After making the necessary changes, test the dunning process again to ensure that the error no longer occurs.
  
  
  
  Consult Documentation:
  
  If you are unsure about the correct settings, refer to SAP documentation or consult with your SAP functional consultant for guidance on the appropriate configuration for your specific business scenario.
  
  
  
  Related Information:
  
  Interest Calculation Indicators: These are used to determine how interest is calculated on overdue amounts. Different indicators may apply different rules or rates.
  Dunning Procedures: These are defined processes for notifying customers about overdue payments. Each procedure can have specific settings regarding interest calculations, payment terms, and communication methods.
  Transaction Codes:
  
  FS00: G/L Account Master Data
  FD03: Customer Master Data
  OBD2: Dunning Procedure Configuration
  
  
  
  By following these steps, you should be able to resolve the FM841 error and ensure that your dunning processes function correctly with the appropriate interest calculations.