How To Fix MSINT702 - First reverse the latest interest runs


SAP Error Message - Details

  • Message type: E = Error

  • Message class: MSINT - Interest Calculation, Reports RFINT****

  • Message number: 702

  • Message text: First reverse the latest interest runs

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  • Self-Explanatory Message

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Smart SAP Assistant

  • What is the cause and solution for SAP error message MSINT702 - First reverse the latest interest runs ?

    The SAP error message MSINT702 typically occurs in the context of interest calculation in the SAP system, particularly when dealing with interest runs in the Financial Accounting (FI) or Treasury modules. The message indicates that you need to reverse the latest interest runs before you can proceed with a new interest calculation.

    Cause:

    The error arises when you attempt to execute a new interest run while there are still pending or un-reversed interest runs in the system. This is a safeguard to ensure that the financial data remains consistent and accurate, as running multiple interest calculations without reversing the previous ones could lead to discrepancies.

    Solution:

    To resolve the MSINT702 error, follow these steps:

    1. Identify the Latest Interest Run:

      • Go to the transaction code related to interest runs (e.g., FINT for interest calculation).
      • Check the logs or history of interest runs to identify the latest one that needs to be reversed.
    2. Reverse the Interest Run:

      • Use the appropriate transaction code to reverse the interest run. This could be done through the same transaction where you executed the interest run or through a specific reversal transaction.
      • Ensure that you follow the correct procedure for reversing the interest run, which may involve entering the relevant parameters such as the run date and other criteria.
    3. Verify the Reversal:

      • After reversing the interest run, check the logs or reports to confirm that the reversal was successful and that there are no pending interest calculations.
    4. Execute the New Interest Run:

      • Once the previous interest run has been successfully reversed, you can proceed to execute the new interest run without encountering the MSINT702 error.

    Related Information:

    • Transaction Codes: Familiarize yourself with relevant transaction codes such as FINT (Interest Calculation) and FINT1 (Interest Run) for executing and managing interest runs.
    • Documentation: Refer to SAP documentation or help files for detailed steps on how to perform interest calculations and reversals.
    • User Authorizations: Ensure that you have the necessary authorizations to perform reversals and execute interest runs in the SAP system.
    • Consulting with SAP Support: If you continue to face issues or if the error persists even after following the steps, consider reaching out to your SAP support team or consulting SAP Notes for any known issues or patches related to this error.

    By following these steps, you should be able to resolve the MSINT702 error and successfully manage your interest runs in SAP.

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