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

SAP Error Message - Details

• 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.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message FWTR023 - Interest calculation method actW/252: Interest calendar must be filled ?

  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 in the Financial Accounting (FI) or Treasury (TR) modules.
  Ensure that the interest calculation method you are using is correctly configured and that it includes a valid interest calendar.
  
  
  
  Define Interest Calendar:
  
  If an interest calendar is not defined, you will need to create one. This can usually be done in the configuration settings under the relevant financial module.
  Specify the parameters for the interest calendar, including the frequency of interest payments and the day count convention.
  
  
  
  Assign Interest Calendar:
  
  Once the interest calendar is created, ensure that it is assigned to the relevant interest calculation method.
  You may need to check the specific transaction or financial instrument to ensure that it is linked to the correct interest calculation method and calendar.
  
  
  
  Test the Configuration:
  
  After making the necessary changes, perform a test transaction to ensure that the interest calculation is now functioning correctly without generating the error.
  
  
  
  Consult Documentation:
  
  If you are unsure about the configuration steps, refer to the SAP documentation or help files related to interest calculation methods and calendars.
  
  
  
  Seek Help from SAP Support:
  
  If the issue persists after following the above steps, consider reaching out to SAP support or consulting with an SAP expert who can provide more tailored assistance based on your specific system configuration.
  
  
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes such as OB52 (for fiscal year variant), FSP0 (for interest calculation methods), or FTR_EDIT (for financial transactions) to access the relevant settings.
  SAP Notes: Check for any SAP Notes related to FWTR023 or interest calculation methods that may provide additional insights or patches.
  User Roles: Ensure that you have the necessary permissions to make changes to the configuration settings in SAP.
  
  By following these steps, you should be able to resolve the FWTR023 error and ensure that your interest calculations are performed correctly.