How To Fix IF132 - No "actual" interest calculation allowed

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 132

• Message text: No "actual" interest calculation allowed

What causes this issue?

Status &V1& is set for <DS:GLOS.balancing_object>balancing object</>.
This status does not allow an actual interest calculation.

System Response

The values in the balancing object and the dependent
<DS:GLOS.account_assignment_object>account assignment objects</> do not
contribute to the interest calculation.

How to fix this error?

Check the status of the balancing object and have it changed as
necessary.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message IF132 - No "actual" interest calculation allowed ?

  The SAP error message IF132, which states "No 'actual' interest calculation allowed," typically occurs in the context of financial transactions involving interest calculations, particularly in the area of loans, investments, or other financial instruments managed within SAP.
  
  Cause:
  This error message usually arises due to one of the following reasons:
  
  
  Incorrect Configuration: The interest calculation method may not be set up correctly in the system. This can happen if the system is configured to use a specific interest calculation method that does not allow for actual interest calculations.
  
  
  Transaction Type Restrictions: Certain transaction types may not support actual interest calculations. For example, if the transaction is set up to use a different interest calculation method (like a flat rate or a predefined schedule), the system will not allow an actual interest calculation.
  
  
  Data Entry Issues: There may be issues with the data entered for the transaction, such as missing or incorrect parameters that are required