How To Fix T1107 - Choose contract condition type for outgoing interest

T1107 - Overview

• Message type: E = Error

• Message class: T1 - Financial instruments

• Message number: 107

• Message text: Choose contract condition type for outgoing interest

What causes this issue?

Several contract condition types for outgoing interest have been
allocated to this transaction type. Choose one of them.

Error message extract from SAP system. Copyright SAP SE.

T1107 - Details

• The SAP error message T1107, "Choose contract condition type for outgoing interest," typically occurs in the context of contract management or pricing procedures within SAP. This error indicates that the system requires a specific condition type for outgoing interest to be defined or selected, but it has not been set up correctly.
  
  Cause:
  
  Missing Condition Type: The condition type for outgoing interest has not been defined in the pricing procedure.
  Incorrect Configuration: The pricing procedure may not be correctly configured to include the necessary condition types for outgoing interest.
  Contract Type Issues: The contract type being used may not be associated with the correct condition types for outgoing interest.
  Master Data Issues: The master data for the contract or the relevant pricing conditions may be incomplete or incorrect.
  
  
  Solution:
  
  
  Define Condition Type:
  
  Go to the SAP transaction code V/06 (Maintain Condition Types).
  Check if the condition type for outgoing interest is defined. If not, create a new condition type