How To Fix FSC1079 - Transaction &1 &2 is an interest trans.; maintain interest lock reason

SAP Error Message - Details

• Message type: E = Error

• Message class: FSC1 - FI-CA Extended: Message Class

• Message number: 079

• Message text: Transaction &1 &2 is an interest trans.; maintain interest lock reason

What causes this issue?

The transaction is assigned to an interest transaction.

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?

Enter an interest lock reason.

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 FSC1079 - Transaction &1 &2 is an interest trans.; maintain interest lock reason ?

  The SAP error message FSC1079 indicates that there is an issue related to interest transactions in the Financial Services (FS) module. Specifically, it suggests that the system requires a lock reason to be maintained for the interest transaction you are trying to process. Here’s a breakdown of the cause, potential solutions, and related information:
  Cause:
  
  Interest Transaction Type: The transaction you are trying to execute is classified as an interest transaction, which requires specific handling in the system.
  Missing Lock Reason: The system has not been configured with a lock reason for the interest transaction type you are attempting to process. This is necessary to ensure that the transaction can be managed correctly and that there are no conflicts with other processes.
  
  Solution:
  To resolve the FSC1079 error, you need to maintain the interest lock reason in the system. Here are the steps to do this:
  
  
  Access Customizing:
  
  Go to the SAP Easy Access screen.
  Navigate to the following path: SPRO -> SAP Reference IMG -> Financial Services -> Loans Management -> Interest Calculation -> Define Interest Lock Reasons.
  
  
  
  Define Lock Reasons:
  
  In the configuration screen, you can define the lock reasons for interest transactions.
  Ensure that you create or modify a lock reason that is appropriate for the type of interest transaction you are processing.
  
  
  
  Assign Lock Reason:
  
  After defining the lock reason, ensure that it is assigned to the relevant interest transaction types in your system.
  
  
  
  Test the Transaction:
  
  Once the lock reason is maintained, try to execute the transaction again to see if the error persists.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in the Financial Services module, such as those for interest calculation and loan management.
  Documentation: Refer to SAP documentation or help files for more detailed information on interest transactions and lock reasons.
  Support: If you continue to experience issues, consider reaching out to your SAP support team or consulting the SAP Community for additional assistance.
  
  By following these steps, you should be able to resolve the FSC1079 error and successfully process your interest transactions.