How To Fix FSC1119 - No interest calculated on contract account &1 up to issue date

FSC1119 - Overview

• Message type: E = Error

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

• Message number: 119

• Message text: No interest calculated on contract account &1 up to issue date

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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FSC1119 - No interest calculated on contract account &1 up to issue date ?

  The SAP error message FSC1119, which states "No interest calculated on contract account &1 up to issue date," typically occurs in the context of financial transactions involving contract accounts, particularly in the area of interest calculation for receivables or payables.
  
  Cause:
  
  Issue Date: The error indicates that there is no interest calculated for the contract account up to the specified issue date. This could be due to the fact that the issue date is set before the start of the interest calculation period.
  Interest Calculation Settings: The settings for interest calculation may not be properly configured. This includes parameters such as interest calculation methods, interest rates, or the periods for which interest is applicable.
  Contract Account Status: The contract account may not be in a status that allows for interest calculation. For example, if the account is closed or inactive, interest may not be calculated.
  Data Entry Errors: There may be errors in the data