Do you have any question about this error?
Message type: E = Error
Message class: FSC1 - FI-CA Extended: Message Class
Message number: 106
Message text: Net due date falls in a period for which interest was already calculated
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.
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.
FSC1106
- Net due date falls in a period for which interest was already calculated ?The SAP error message FSC1106 indicates that the net due date for a financial transaction falls within a period for which interest has already been calculated. This typically occurs in the context of financial accounting and can affect processes such as payment processing, interest calculation, and financial reporting.
Cause:
Interest Calculation: The error arises when the system detects that interest has already been calculated for the period in which the net due date falls. This can happen if:
- The net due date is set within a closed accounting period.
- Interest has been posted for that period, making it impossible to change the due date without affecting the integrity of the financial records.
Configuration Issues: There may be configuration settings in the financial module that are not aligned with the business processes, leading to this error.
Data Entry Errors: Incorrect data entry when setting the due date or when processing transactions can also lead to this error.
Solution:
Review the Due Date: Check the net due date of the transaction. If it falls within a period where interest has already been calculated, consider adjusting the due date to a period where no interest has been posted.
Adjust Interest Calculation: If the due date must remain as is, you may need to reverse or adjust the interest calculation for that period. This should be done with caution and in accordance with your organization's financial policies.
Consult with Finance Team: Engage with your finance or accounting team to understand the implications of changing the due date or interest calculations. They may provide insights on how to proceed without violating accounting principles.
System Configuration: If this error occurs frequently, it may be necessary to review the configuration settings in SAP related to interest calculation and due dates. Adjustments may be needed to align with business processes.
Transaction History: Check the transaction history to ensure that there are no pending transactions or adjustments that could be causing the issue.
Related Information:
The FSC1106 error message is a safeguard to maintain the integrity of financial data in SAP. Addressing it requires careful consideration of due dates, interest calculations, and potential adjustments in system configuration. Always consult with relevant stakeholders before making changes to financial transactions.
Get instant SAP help. Start your 7-day free trial now.
FSC1105
Interest amount of contract account in this run: &1 &2
Self-Explanatory Message Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of...
FSC1104
Line item &1 was simulated, posting date: &2, document type: &3
Self-Explanatory Message Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of...
FSC1107
Document &1 reverses interest document &2: Reversal not possible
Self-Explanatory Message Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of...
FSC1108
First reverse the last interest document &1 for this contract account
What causes this issue? You have tried to reverse an interest document that arose from the balance interest calculation at contract account level. In...
Click on this link to search all SAP messages.