How To Fix T1246 - More than one int. rate adj. condition type assigned to the trans. type

SAP Error Message - Details

• Message type: E = Error

• Message class: T1 - Financial instruments

• Message number: 246

• Message text: More than one int. rate adj. condition type assigned to the trans. type

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message T1246 - More than one int. rate adj. condition type assigned to the trans. type ?

  The SAP error message T1246, which states "More than one int. rate adj. condition type assigned to the trans. type," typically occurs in the context of financial transactions, particularly when dealing with interest rate adjustments in the SAP system. This error indicates that there are multiple condition types for interest rate adjustments assigned to a single transaction type, which is not allowed.
  Cause:
  
  
  Multiple Condition Types: The primary cause of this error is that the configuration in the SAP system has multiple condition types for interest rate adjustments assigned to the same transaction type. This can happen due to incorrect configuration in the pricing procedure or condition type settings.
  
  
  Configuration Issues: It may also arise from inconsistencies in the configuration of the pricing procedure, where the system expects only one condition type for interest rate adjustments but finds more than one.
  
  
  Solution:
  To resolve this error, you can follow these steps:
  
  
  Check Configuration:
  
  Go to the SAP Customizing Implementation Guide (IMG) and navigate to the relevant section for pricing procedures.
  Check the configuration for the transaction type in question and identify the assigned condition types.
  
  
  
  Identify Condition Types:
  
  Use transaction code V/06 to view the condition types and their assignments.
  Ensure that only one condition type for interest rate adjustments is assigned to the transaction type.
  
  
  
  Modify Assignments:
  
  If you find multiple condition types assigned, you will need to modify the configuration to ensure that only one condition type is assigned to the transaction type for interest rate adjustments.
  You may need to consult with your SAP functional consultant or team responsible for configuration to make these changes.
  
  
  
  Testing:
  
  After making the necessary changes, perform a test transaction to ensure that the error no longer occurs and that the system behaves as expected.
  
  
  
  Documentation:
  
  Document the changes made to the configuration for future reference and to inform other team members.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as V/06 (Condition Types), V/08 (Pricing Procedures), and SPRO (SAP Reference IMG).
  SAP Notes: Check for any SAP Notes related to this error message for additional guidance or patches that may address the issue.
  User Roles: Ensure that you have the appropriate authorizations to make changes in the configuration settings.
  
  If the issue persists after following these steps, it may be beneficial to consult with SAP support or a qualified SAP consultant for further assistance.