Stop googling SAP errors. Use our Free Essentials plan instead - no credit card needed. Start Now

Close

How To Fix T1104 - No interest condition type is assigned to incoming interest


SAP Error Message - Details

  • Message type: E = Error

  • Message class: T1 - Financial instruments

  • Message number: 104

  • Message text: No interest condition type is assigned to incoming interest

  • Show details Hide details
  • What causes this issue?

    During customizing, no condition types for incoming interest were
    assigned to the transaction type.

    How to fix this error?

    Contact your customizing administrator.

    Error message extract from SAP system. Copyright SAP SE.


Smart SAP Assistant

  • What is the cause and solution for SAP error message T1104 - No interest condition type is assigned to incoming interest ?

    The SAP error message T1104, which states "No interest condition type is assigned to incoming 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 is unable to find a relevant condition type for calculating incoming interest, which is necessary for processing certain financial documents or transactions.

    Cause:

    1. Missing Configuration: The most common cause of this error is that the necessary condition types for incoming interest have not been configured in the system.
    2. Incorrect Master Data: The master data for the relevant financial documents may not have the correct settings or may be incomplete.
    3. Transaction Type Issues: The transaction type being used may not be linked to the appropriate condition types for interest calculations.
    4. Customizations: If there are custom developments or modifications in the system, they may not be correctly set up to handle interest calculations.

    Solution:

    1. Check Condition Types:

      • Go to the configuration settings in SAP (Transaction code: SPRO).
      • Navigate to the relevant area for interest calculation (e.g., Financial Accounting > Accounts Receivable and Accounts Payable > Interest Calculation).
      • Ensure that the condition types for incoming interest are defined and properly configured.
    2. Assign Condition Types:

      • If the condition types are missing, you may need to create them or assign existing ones to the relevant transaction types or master data.
      • Use transaction code V/06 to maintain condition types and ensure they are linked to the appropriate pricing procedure.
    3. Review Master Data:

      • Check the master data for the customer/vendor accounts involved in the transaction. Ensure that the necessary settings for interest calculation are in place.
    4. Transaction Type Configuration:

      • Verify that the transaction type being used is correctly configured to allow for interest calculations. This may involve checking the settings in the relevant configuration areas.
    5. Testing:

      • After making the necessary changes, perform a test transaction to ensure that the error no longer occurs and that interest calculations are processed correctly.

    Related Information:

    • Documentation: Refer to SAP documentation or help files for detailed guidance on configuring interest condition types.
    • SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
    • Support: If the issue persists after following the above steps, consider reaching out to SAP support or consulting with an SAP expert who specializes in financial modules.

    By following these steps, you should be able to resolve the T1104 error and ensure that incoming interest calculations are processed correctly in your SAP system.

    • Do you have any question about this error?


      Upgrade now to chat with this error.


Instant HelpGet instant SAP help. Sign up for our Free Essentials Plan.


Related SAP Error Messages

Click the links below to see the following related messages:

Click on this link to search all SAP messages.


Rating
ERPlingo simplifies finding the accurate answers to SAP message errors. I now use every week. A must have tool for anyone working with SAP! Highly recommended!
Rate 1
Kent Bettisworth
Executive SAP Consultant