How To Fix P4502 - No interest calculation indicator was entered for the dunning procedure

P4502 - Overview

• Message type: E = Error

• Message class: P4 - IS-PS: Cash Accounting

• Message number: 502

• Message text: No interest calculation indicator was entered for the dunning procedure

What causes this issue?

You set fields for posting dunning interest, but you did not enter an an
interest calculation indicator.

How to fix this error?

If you would like to define a dunning procedure without dunning interest
(such as a payment reminder), then deactivate the posting-relevant
switch.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message P4502 - No interest calculation indicator was entered for the dunning procedure ?

  The SAP error message P4502, which states "No interest calculation indicator was entered for the dunning procedure," typically occurs in the context of dunning processes in SAP. This error indicates that the system is unable to calculate interest for the dunning procedure because the necessary configuration for interest calculation is missing.
  
  Cause:
  The primary cause of this error is that the dunning procedure you are trying to use does not have an interest calculation indicator assigned to it. This indicator is essential for the system to know how to calculate interest on overdue payments.
  
  Solution:
  To resolve this error, you need to ensure that the dunning procedure is correctly configured with an interest calculation indicator. Here are the steps to do this:
  
  
  Access the Dunning Procedure Configuration:
  
  Go to the SAP Easy Access screen.
  Navigate to the following path: SPRO -> Financial Accounting -> Accounts Receivable -> Dunning -> Define Dunning Procedure.
  
  
  
  Select the Dunning Procedure:
  
  Find the dunning