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Message type: E = Error
Message class: T1 - Financial instruments
Message number: 063
Message text: Choose a condition type for the interest
Several interest rate condition types have been allocated to the
transaction type. Select one of them.
Error message extract from SAP system. Copyright SAP SE.
T1063
- Choose a condition type for the interest ?The SAP error message T1063, "Choose a condition type for the interest," typically occurs in the context of pricing or financial calculations within SAP, particularly when dealing with interest calculations in financial documents or transactions. This error indicates that the system requires a specific condition type to be defined for calculating interest, but it has not been provided.
Cause:
- Missing Condition Type: The most common cause of this error is that the system is expecting a condition type for interest calculation, but none has been specified in the relevant configuration or transaction.
- Configuration Issues: The condition types may not be properly configured in the pricing procedure or may not be assigned to the relevant document type.
- Transaction Settings: The transaction or document type being used may not have the necessary settings to handle interest calculations.
Solution:
Define Condition Type:
- Go to the SAP customizing transaction (SPRO).
- Navigate to the relevant area for pricing or financial conditions.
- Define or check the condition types for interest. Ensure that the condition type you want to use is created and configured correctly.
Assign Condition Type:
- Ensure that the condition type for interest is assigned to the relevant pricing procedure or document type.
- Check the pricing procedure configuration to ensure that the interest condition type is included.
Check Transaction Settings:
- Review the settings for the specific transaction or document type you are working with. Ensure that it is set up to allow for interest calculations and that the necessary condition types are included.
Test the Configuration:
- After making changes, test the configuration by creating a new transaction or document to see if the error persists.
Consult Documentation:
- If you are unsure about the specific condition types or configurations, refer to SAP documentation or consult with your SAP functional consultant for guidance.
Related Information:
VK11
(Create Condition), VK12
(Change Condition), and VK13
(Display Condition) for managing condition records.If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a technical consultant who can provide more in-depth analysis and troubleshooting.
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