How To Fix IF110 - Actual interest calculation is not allowed

SAP Error Message - Details

• Message type: E = Error

• Message class: IF - Messages re interest accounting in PS/CO/IM

• Message number: 110

• Message text: Actual interest calculation is not allowed

What causes this issue?

The current status of the object does not allow the activity "Actual
interest calculation".

System Response

How to fix this error?

Change the status of the object to one that allows the actual interest
calculation.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message IF110 - Actual interest calculation is not allowed ?

  The SAP error message IF110, which states "Actual interest calculation is not allowed," typically occurs in the context of financial transactions involving interest calculations, such as loans or investments. This error can arise due to several reasons, and understanding the cause is essential for resolving it.
  Causes of IF110 Error
  
  
  Interest Calculation Type: The system may be configured to use a specific type of interest calculation (e.g., planned interest) that does not allow for actual interest calculations. This can happen if the settings in the financial product or loan agreement do not permit actual interest calculations.
  
  
  Product Configuration: The financial product (like a loan or investment) may not be set up to allow actual interest calculations. This could be due to the product type or the specific settings in the product configuration.
  
  
  Transaction Type: The transaction being processed may not support actual interest calculations. For example, certain transaction types may only allow for planned