How To Fix T1091 - Choose flow type for nominal amount of outgoing interest

SAP Error Message - Details

• Message type: E = Error

• Message class: T1 - Financial instruments

• Message number: 091

• Message text: Choose flow type for nominal amount of outgoing interest

What causes this issue?

Several flow types for the nominal amount of outgoing interest have
been allocated to the transaction type. Choose one of them.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message T1091 - Choose flow type for nominal amount of outgoing interest ?

  The SAP error message T1091, which states "Choose flow type for nominal amount of outgoing interest," typically occurs in the context of financial transactions, particularly when dealing with interest calculations in the SAP system. This error indicates that the system requires a flow type to be defined for the nominal amount of outgoing interest, which is necessary for proper accounting and reporting.
  Cause:
  
  Missing Configuration: The flow type for outgoing interest has not been defined in the system. Flow types are used in SAP to categorize different types of financial transactions.
  Incorrect Settings: The settings for the interest calculation may not be properly configured in the relevant financial modules (e.g., Treasury, Financial Accounting).
  Transaction Type Issues: The transaction type being used may not be linked to a valid flow type for outgoing interest.
  
  Solution:
  
  
  Define Flow Type:
  
  Go to the configuration settings in SAP (Transaction Code: SPRO).
  Navigate to the relevant area for financial accounting or treasury management.
  Look for the section related to flow types and ensure that a flow type for outgoing interest is defined.
  If it is not defined, create a new flow type and assign it appropriately.
  
  
  
  Check Transaction Type:
  
  Ensure that the transaction type you are using is correctly configured to link to the appropriate flow type for outgoing interest.
  You can check this in the configuration settings under the relevant financial module.
  
  
  
  Review Interest Calculation Settings:
  
  Verify the settings for interest calculation in the system. Ensure that all necessary parameters are set correctly, including the interest rate, calculation method, and any relevant accounts.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance on configuring flow types and interest calculations.
  
  
  
  Testing:
  
  After making the necessary changes, perform a test transaction to ensure that the error no longer occurs and that the interest is calculated correctly.
  
  
  
  Related Information:
  
  Flow Types: Flow types are essential in SAP for categorizing financial transactions. They help in reporting and analysis.
  Interest Calculation: In SAP, interest calculations can be complex and may involve various parameters, including interest rates, periods, and account types.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as SPRO (for configuration), FBL1N (for vendor line items), and FBL3N (for G/L account line items) to troubleshoot and analyze financial transactions.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a consultant who specializes in SAP Financials for further assistance.