How To Fix IDCFM_FRCR_MSG006 - Amortization recalculated from LAC (&1 &2) according to SAC (&3 &4).

IDCFM_FRCR_MSG006 - Overview

• Message type: E = Error

• Message class: IDCFM_FRCR_MSG - Message Class for Capitalization Reserve (France)

• Message number: 006

• Message text: Amortization recalculated from LAC (&1 &2) according to SAC (&3 &4).

What causes this issue?

In case the bond is being amortized with the linear amortization method
(LAC), the scientific amortization method (SAC) needs to be used for
the capitalization reserve amount calculation.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

IDCFM_FRCR_MSG006 - Details

• The SAP error message IDCFM_FRCR_MSG006 indicates that the amortization for a financial transaction has been recalculated based on the Local Accounting Code (LAC) and the Standard Accounting Code (SAC). This message typically arises in the context of financial accounting and asset management within SAP systems.
  
  Cause:
  
  Configuration Changes: The recalculation may occur due to changes in the configuration of the amortization settings or accounting principles.
  Data Entry Errors: Incorrect data entries in the asset master data or transaction data can lead to discrepancies that trigger recalculation.
  Updates in Accounting Standards: Changes in accounting standards or regulations may necessitate a recalculation of amortization.
  System Updates: Updates or patches applied to the SAP system may affect how amortization is calculated.
  
  
  Solution:
  
  Review Configuration: Check the configuration settings for amortization in the Asset Accounting module. Ensure that the settings for LAC and SAC are correctly defined.
  Validate Data: Review the asset master data and transaction data for any inconsistencies or errors.