How To Fix FSC1114 - Contract account &1 is not supported for balance interest calculation

FSC1114 - Overview

• Message type: E = Error

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

• Message number: 114

• Message text: Contract account &1 is not supported for balance interest calculation

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.

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FSC1114 - Details

• The SAP error message FSC1114, which states "Contract account &1 is not supported for balance interest calculation," typically occurs in the context of financial transactions involving contract accounts in SAP's Financial Accounting (FI) module, particularly when dealing with interest calculations on balances.
  
  Cause:
  The error can arise due to several reasons, including:
  
  
  
  Configuration Issues: The contract account may not be configured to allow balance interest calculations. This could be due to missing settings in the account type or the interest calculation configuration.
  
  
  Account Type Restrictions: The specific account type associated with the contract account may not support balance interest calculations. Certain account types are designated for specific purposes and may not be eligible for interest calculations.
  
  
  Inactive Interest Calculation: The interest calculation feature may be inactive for the contract account in question. This could be due to settings in the customer master data or contract account settings.
  
  
  Data Inconsistencies: There may be inconsistencies or missing data