How To Fix T1355 - Calendar is required for this interest calculation method

T1355 - Overview

• Message type: E = Error

• Message class: T1 - Financial instruments

• Message number: 355

• Message text: Calendar is required for this interest calculation method

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message T1355 - Calendar is required for this interest calculation method ?

  The SAP error message T1355, which states "Calendar is required for this interest calculation method," typically occurs in the context of financial transactions or interest calculations within the SAP system. This error indicates that the system requires a calendar to be defined for the specific interest calculation method being used.
  
  Cause:
  
  Missing Calendar Assignment: The interest calculation method you are trying to use does not have a calendar assigned to it. This is often the case when setting up financial products or interest calculation configurations.
  Incorrect Configuration: The configuration for the interest calculation method may be incomplete or incorrect, leading to the system not being able to find the necessary calendar.
  Data Entry Error: There may be a data entry error where the calendar was not specified or was incorrectly specified in the relevant configuration settings.
  
  
  Solution:
  To resolve the T1355 error, you can follow these steps:
  
  
  Check Interest Calculation Method Configuration:
  
  Navigate to the configuration settings for