How To Fix /PM0/ALB_FND_MSG166 - Fund category &1 was not taken into account for interest calculation

SAP Error Message - Details

• Message type: E = Error

• Message class: /PM0/ALB_FND_MSG -

• Message number: 166

• Message text: Fund category &1 was not taken into account for interest calculation

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message /PM0/ALB_FND_MSG166 - Fund category &1 was not taken into account for interest calculation ?

  The SAP error message /PM0/ALB_FND_MSG166 indicates that a specific fund category (denoted by &1) was not considered for interest calculation. This error typically arises in the context of Public Sector Management (PSM) or Funds Management (FM) modules, where interest calculations are performed on funds.
  Cause:
  
  
  Fund Category Configuration: The fund category specified in the error message may not be configured to allow interest calculations. This could be due to settings in the fund management configuration that exclude certain fund categories from interest calculations.
  
  
  Interest Calculation Settings: The settings for interest calculation may not include the specified fund category. This could be due to missing or incorrect configuration in the interest calculation parameters.
  
  
  Data Entry Issues: There may be issues with the data entry related to the fund category, such as incorrect assignment or missing data that prevents the system from recognizing the fund category for interest calculations.
  
  
  Solution:
  
  
  Check Fund Category Configuration:
  
  Navigate to the configuration settings for fund categories in the SAP system.
  Ensure that the fund category in question is set up correctly to allow for interest calculations. This may involve checking the settings in the Funds Management (FM) module.
  
  
  
  Review Interest Calculation Settings:
  
  Go to the interest calculation configuration and verify that the fund category is included in the interest calculation parameters.
  Adjust the settings as necessary to include the fund category.
  
  
  
  Data Validation:
  
  Review the data entries related to the fund category to ensure that all required fields are filled out correctly.
  Correct any discrepancies or missing information that may be causing the issue.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance on configuring fund categories and interest calculations.
  
  
  
  Testing:
  
  After making changes, perform a test run of the interest calculation to ensure that the fund category is now being considered.
  
  
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes such as FMX1 (Create Fund) or FMX2 (Change Fund) to manage fund categories.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance on fund category configurations.
  User Roles: Ensure that you have the necessary permissions to make changes to fund management settings in the SAP system.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in Funds Management for further assistance.