How To Fix JBACND002 - Interest calculation method &1 is not permitted

JBACND002 - Overview

• Message type: E = Error

• Message class: JBACND - Error Messages: Condition Maintenance

• Message number: 002

• Message text: Interest calculation method &1 is not permitted

What causes this issue?

The value of interest calculation method &V1& for condition header with
validity date &V2& for transaction (&V3& &V4&) is not permitted.

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.

Smart SAP Assistant

• What is the cause and solution for SAP error message JBACND002 - Interest calculation method &1 is not permitted ?

  The SAP error message JBACND002 indicates that the interest calculation method specified is not permitted for the transaction or context in which it is being used. This error typically arises in the context of financial transactions, particularly in areas related to banking, loans, or interest calculations.
  
  Cause:
  
  Invalid Interest Calculation Method: The interest calculation method specified in the transaction does not match the allowed methods defined in the system configuration.
  
  Configuration Issues: The configuration settings for interest calculation in the relevant module (e.g., Loans Management, Treasury) may not include the specified method.
  Transaction Type Restrictions: Certain transaction types may have restrictions on which interest calculation methods can be used.
  Master Data Issues: The master data associated with the transaction (e.g., customer, vendor, or loan agreement) may not be set up to support the specified interest calculation method.
  
  
  Solution:
  
  
  Check Configuration:
  
  Navigate to the relevant configuration settings in SAP (e.g., SPRO) and verify the allowed interest calculation methods for