How To Fix FTVV_MESSAGES954 - Select dunning charges or interest on arrears

SAP Error Message - Details

• Message type: E = Error

• Message class: FTVV_MESSAGES - Reporting Financial Assets Management

• Message number: 954

• Message text: Select dunning charges or interest on arrears

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FTVV_MESSAGES954 - Select dunning charges or interest on arrears ?

  The SAP error message FTVV_MESSAGES954 typically indicates that there is an issue related to the selection of dunning charges or interest on arrears in the dunning process. This error can occur in the context of accounts receivable when trying to execute dunning runs or when processing dunning notices.
  Cause:
  
  Configuration Issues: The dunning procedure may not be properly configured to include dunning charges or interest on arrears.
  Missing Master Data: The customer master data may not have the necessary settings for dunning charges or interest.
  Dunning Procedure Settings: The dunning procedure assigned to the customer may not have the relevant settings for dunning charges or interest on arrears.
  Transaction Data: There may be no relevant open items that qualify for dunning charges or interest on arrears.
  
  Solution:
  
  
  Check Dunning Procedure Configuration:
  
  Go to the configuration settings for dunning procedures in SAP (Transaction code: OVA8).
  Ensure that the dunning procedure includes the settings for dunning charges and interest on arrears.
  
  
  
  Review Customer Master Data:
  
  Check the customer master record (Transaction code: FD03) to ensure that the dunning information is correctly maintained.
  Verify that the dunning procedure assigned to the customer is appropriate and has the necessary settings.
  
  
  
  Verify Dunning Charges and Interest Settings:
  
  In the dunning procedure settings, ensure that the dunning charges and interest on arrears are defined correctly.
  Check if the relevant interest calculation methods are set up in the system.
  
  
  
  Check Open Items:
  
  Ensure that there are open items in the customer account that are eligible for dunning charges or interest on arrears.
  You can use Transaction code: FBL5N to review the open items for the customer.
  
  
  
  Run Dunning Program:
  
  After making the necessary adjustments, try running the dunning program again (Transaction code: F150).
  
  
  
  Related Information:
  
  Dunning Process: The dunning process in SAP is used to remind customers of overdue payments. It can include various steps, such as sending reminders and applying dunning charges or interest.
  Interest Calculation: Interest on arrears can be calculated based on the settings defined in the dunning procedure and the customer master data.
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to this error message. You can search for notes in the SAP Support Portal.
  
  If the issue persists after checking the above points, it may be beneficial to consult with your SAP support team or refer to SAP documentation for further troubleshooting steps.