How To Fix T1106 - No contract condition type is assigned to outgoing interest

SAP Error Message - Details

• Message type: E = Error

• Message class: T1 - Financial instruments

• Message number: 106

• Message text: No contract condition type is assigned to outgoing interest

What causes this issue?

During customizing no contract condition for outgoing interest was
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 T1106 - No contract condition type is assigned to outgoing interest ?

  The SAP error message T1106, "No contract condition type is assigned to outgoing interest," typically occurs in the context of contract management or financial transactions involving interest calculations. This error indicates that the system cannot find a condition type for outgoing interest in the contract you are working with.
  Cause:
  
  Missing Configuration: The most common cause is that the condition type for outgoing interest has not been configured or assigned in the relevant contract type or pricing procedure.
  Incorrect Contract Type: The contract type being used may not support outgoing interest or may not have the necessary condition types defined.
  Inconsistent Data: There may be inconsistencies in the master data or contract data that prevent the system from determining the correct condition type.
  
  Solution:
  
  
  Check Configuration:
  
  Go to the SAP Customizing Implementation Guide (SPRO).
  Navigate to the relevant area for contract management or pricing procedures.
  Ensure that the condition type for outgoing interest is defined and properly assigned to the relevant contract type and pricing procedure.
  
  
  
  Assign Condition Type:
  
  If the condition type is missing, you may need to create it or assign an existing one to the contract type.
  Ensure that the condition type is marked as relevant for outgoing interest.
  
  
  
  Review Contract Type:
  
  Verify that the contract type you are using is appropriate for the transaction and supports outgoing interest.
  If necessary, switch to a different contract type that has the required configuration.
  
  
  
  Check Master Data:
  
  Review the master data associated with the contract to ensure that all necessary fields and settings are correctly filled out.
  Look for any missing or incorrect entries that could affect the calculation of outgoing interest.
  
  
  
  Testing:
  
  After making the necessary changes, test the transaction again to see if the error persists.
  
  
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like SPRO for configuration, ME31K for creating contracts, or ME32K for changing contracts.
  Documentation: Refer to SAP documentation or help files for detailed guidance on configuring condition types and pricing procedures.
  Support: If the issue persists after checking the configuration, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  By following these steps, you should be able to resolve the T1106 error and ensure that outgoing interest is correctly calculated in your contracts.