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

SAP Error Message - Details

• 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

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 ICC-FI120 - Interest calculated does not match the data posted ?

  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 exchange rates, it may affect the interest calculation.
  Incomplete or Incorrect Master Data: Missing or incorrect data in customer/vendor master records can lead to incorrect interest calculations.
  
  Solutions:
  
  Review Configuration: Check the configuration settings for interest calculation in the relevant SAP modules (e.g., FI, CO). Ensure that the interest calculation parameters are set correctly.
  Verify Data Entry: Review the financial documents for any manual entry errors. Ensure that all relevant fields are filled out correctly.
  Check Interest Rates: Confirm that the interest rates used for calculations are up to date and reflect any recent changes.
  Posting Periods: Ensure that the posting periods are open and that there are no inconsistencies in the periods being used for the calculations.
  Currency Settings: Verify that the currency settings are correct and that any necessary currency conversions are being applied correctly.
  Master Data Review: Check the customer or vendor master data for completeness and accuracy. Ensure that all necessary fields are populated correctly.
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like FB03 (Display Document), FBL1N (Vendor Line Item Display), or FBL5N (Customer Line Item Display) to review the relevant documents and line items.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  Documentation: Refer to SAP documentation for interest calculation in the Financial Accounting (FI) module for detailed guidance on configuration and troubleshooting.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a technical consultant who can provide more in-depth analysis and assistance.