How To Fix ICC-FI120 - Interest calculated does not match the data posted

ICC-FI120 - Overview

• Message type: E = Error

• Message class: ICC-FI - Dunning (Sweden)

• Message number: 120

• Message text: Interest calculated does not match the data posted

Self-Explanatory Message

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ICC-FI120 - Details

• The SAP error message ICC-FI120, which states "Interest calculated does not match the data posted," typically occurs in the context of financial transactions involving interest calculations, such as in the case of loans, receivables, or payables. This error indicates a discrepancy between the interest that SAP has calculated based on the parameters set in the system and the interest that has been posted in the financial documents.
  Causes:
  
  
  Configuration Issues: Incorrect configuration of interest calculation parameters in the system can lead to mismatches.
  Data Entry Errors: Manual entry errors in the financial documents or interest calculation parameters can cause discrepancies.
  Changes in Interest Rates: If interest rates have changed after the initial posting, it may lead to differences in calculated interest.
  Posting Period Issues: If the posting period is closed or if there are inconsistencies in the posting periods, it can lead to this error.
  Currency Differences: If there are currency conversion issues or differences in