How To Fix FSC1110 - Clearing of OIs is not permitted in contract accts with bal. int. calc.

FSC1110 - Overview

• Message type: E = Error

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

• Message number: 110

• Message text: Clearing of OIs is not permitted in contract accts with bal. int. calc.

What causes this issue?

Account maintenance or clearing of open items is not permitted in a
contract account subject to balance interest calculation since the due
dates cannot be determined correctly after account maintenance. This
also refers to clearing triggered within a payment process. Open
receivables can only be cleared by payments and credits can only be paid
out.

System Response

Error message. Account maintenance is not possible.

How to fix this error?

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

FSC1110 - Details

• The SAP error message FSC1110, which states "Clearing of OIs is not permitted in contract accounts with balance interest calculation," typically occurs in the context of contract accounts in SAP's Financial Accounting (FI) module, particularly when dealing with open items (OIs) and balance interest calculations.
  
  Cause:
  This error arises when you attempt to clear open items in a contract account that has balance interest calculation enabled. The system does not allow the clearing of open items in such accounts because the balance interest calculation requires a specific handling of open items to ensure accurate interest calculations.
  
  Solution:
  To resolve this error, you can consider the following approaches:
  
  
  Check Account Settings: Verify the settings of the contract account. If balance interest calculation is not required, you may consider disabling it for that specific account. However, this should be done with caution and in accordance with your organization's accounting policies.
  
  
  Clear Open Items Individually: Instead of attempting to