How To Fix FWTR023 - Interest calculation method actW/252: Interest calendar must be filled

FWTR023 - Overview

• Message type: E = Error

• Message class: FWTR - Securities Transaction Management

• Message number: 023

• Message text: Interest calculation method actW/252: Interest calendar must be filled

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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FWTR023 - Details

• The SAP error message FWTR023 indicates that there is an issue with the interest calculation method in the context of financial transactions, specifically related to the interest calendar not being filled. This error typically arises in the context of financial accounting or treasury management when dealing with interest calculations for loans, deposits, or other financial instruments.
  
  Cause:
  The error occurs because the system requires an interest calendar to be defined for the interest calculation method being used. The interest calendar specifies how interest is calculated over time, including the frequency of interest payments and the method of day count (e.g., actual/360, actual/365, etc.). If this calendar is not set up or is missing, the system cannot perform the necessary calculations, leading to the error.
  
  Solution:
  To resolve the FWTR023 error, you can follow these steps:
  
  
  Check Interest Calculation Method:
  
  Go to the configuration settings for the interest calculation method in SAP. This can typically be found