How To Fix T1129 - No interest calculation method entered for reference interest rate

T1129 - Overview

• Message type: E = Error

• Message class: T1 - Financial instruments

• Message number: 129

• Message text: No interest calculation method entered for reference interest rate

What causes this issue?

When the reference interest rates were maintained, no interest
calculation method was allocated.

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 T1129 - No interest calculation method entered for reference interest rate ?

  The SAP error message T1129, which states "No interest calculation method entered for reference interest rate," typically occurs in the context of financial transactions involving interest calculations, such as loans, deposits, or other financial instruments. This error indicates that the system cannot find a defined method for calculating interest based on the specified reference interest rate.
  
  Cause:
  
  Missing Configuration: The primary cause of this error is that the interest calculation method has not been defined for the reference interest rate in the system.
  Incorrect Settings: The reference interest rate may not be properly linked to an interest calculation method in the configuration settings.
  Data Entry Issues: There may be a data entry error where the reference interest rate is not correctly specified in the transaction.
  
  
  Solution:
  To resolve the T1129 error, you can follow these steps:
  
  
  Check Configuration:
  
  Go to the SAP Customizing Implementation Guide (IMG) and navigate to the relevant section for interest calculation.
  Ensure that the interest