How To Fix T1111 - Choose int. rate adjustment condition type for outgoing interest

T1111 - Overview

• Message type: E = Error

• Message class: T1 - Financial instruments

• Message number: 111

• Message text: Choose int. rate adjustment 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.

Smart SAP Assistant

• What is the cause and solution for SAP error message T1111 - Choose int. rate adjustment condition type for outgoing interest ?

  The SAP error message T1111, which states "Choose int. rate adjustment condition type for outgoing interest," typically occurs in the context of financial transactions involving interest calculations, particularly in the area of treasury or loan management. This error indicates that the system requires a specific condition type for calculating outgoing interest rates, but it has not been defined or selected.
  
  Cause:
  
  Missing Configuration: The condition type for outgoing interest has not been configured in the system.
  Incorrect Settings: The settings for the interest calculation may not be properly defined in the relevant configuration areas.
  Transaction Type: The transaction you are trying to execute may not have the necessary parameters set up for interest calculation.
  
  
  Solution:
  
  
  Define Condition Type:
  
  Go to the SAP Customizing Implementation Guide (SPRO).
  Navigate to the relevant area for interest calculation (e.g., Treasury and Risk Management or Financial Accounting).
  Look for the section related to condition types and ensure that a condition type for outgoing interest