How To Fix FQ744 - No interest could be calculated

FQ744 - Overview

• Message type: E = Error

• Message class: FQ - Payment Requests and Payment Program

• Message number: 744

• Message text: No interest could be calculated

What causes this issue?

The system cannot use your entries to calculate interest. This may be
because the deferral period is not a complete month.

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 your entries.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FQ744 - No interest could be calculated ?

  The SAP error message FQ744 ("No interest could be calculated") typically occurs in the context of financial transactions, particularly when dealing with interest calculations in accounts receivable or payable. This error can arise for several reasons, and understanding the cause is essential for resolving it.
  Causes of Error FQ744
  
  
  Missing Interest Calculation Parameters: The system may not have the necessary parameters set up for interest calculation, such as interest rates, calculation methods, or periods.
  
  
  Incorrect Configuration: The configuration settings for interest calculation in the financial module may be incorrect or incomplete. This includes settings in the customizing transaction (e.g., OBA3 for interest calculation).
  
  
  Data Issues: There may be missing or incorrect data in the relevant master records (e.g., customer or vendor master data) that prevents the system from calculating interest.
  
  
  Interest Calculation Not Applicable: The transaction may not meet the criteria for interest calculation, such as being outside the interest calculation period or not having