How To Fix VAL307 - CoCd &2, trans. &1: Accr.interest is not adjusted for amort. of MM trans.

VAL307 - Overview

• Message type: E = Error

• Message class: VAL - Treasury: Messages for General Valuation

• Message number: 307

• Message text: CoCd &2, trans. &1: Accr.interest is not adjusted for amort. of MM trans.

What causes this issue?

In the amortization procedure for money market transaction &V1& with
company code &V2&, the value "1 Include Interest, Accrued Interest
Adjustment" is set under "Include Interest."

System Response

The system does not support this amortization procedure for money market
transactions. Therefore the value "2 Effective Interest Method according
to IAS 39" is used when including interest.

How to fix this error?

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message VAL307 - CoCd &2, trans. &1: Accr.interest is not adjusted for amort. of MM trans. ?

  The SAP error message VAL307 indicates that there is an issue with the accrual interest not being adjusted for the amortization of a money market (MM) transaction in a specific company code (CoCd) and transaction type (trans. &1). This error typically arises in the context of financial transactions involving interest accruals and amortization processes.
  
  Cause:
  The error can occur due to several reasons, including:
  
  Incorrect Configuration: The settings for interest calculation or amortization in the financial module may not be correctly configured.
  Missing Data: Required data for the transaction, such as interest rates or amortization schedules, may be missing or incorrectly entered.
  Transaction Type Issues: The specific transaction type may not be set up to handle accrual interest correctly.
  Posting Period Issues: The posting period may be closed, preventing adjustments from being made.
  System Bugs: There may be bugs or inconsistencies in the SAP system that affect how interest accruals are processed.
  
  
  Solution:
  To resolve the VAL307 error, you