How To Fix VVOZINS004 - In new currency &1, interest was calculated beyond change date &2

VVOZINS004 - Overview

• Message type: E = Error

• Message class: VVOZINS - Balance Interest Calculation for Insurance Objects

• Message number: 004

• Message text: In new currency &1, interest was calculated beyond change date &2

What causes this issue?

You want to change the currency for an insurance object with balance
interest calculation. Interest has already been calculated beyond the
change dae in the new currency, however.

System Response

The currency change is not possible.

How to fix this error?

First, reverse the interest documents from the balance interest
calculation for insurance objects, documents which were posted in the
new currency for the period after the change date.

Procedure for System Administrators

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

Error message extract from SAP system. Copyright SAP SE.

VVOZINS004 - Details

• The SAP error message VVOZINS004 indicates that there is an issue with interest calculation in a financial transaction, specifically when dealing with currency changes. The message states that interest has been calculated beyond a specified change date in a new currency.
  
  Cause:
  
  Currency Change Date: The error typically arises when there is a change in the currency of a financial transaction, and the interest calculation is being performed beyond the defined change date.
  Interest Calculation Configuration: The configuration for interest calculation may not be set up correctly, leading to discrepancies in how interest is calculated after a currency change.
  Data Entry Errors: There may be incorrect data entries in the transaction that do not align with the expected currency change date.
  
  
  Solution:
  
  Check Currency Change Date: Verify the currency change date in the relevant transaction. Ensure that any interest calculations are performed only up to this date.
  Review Interest Calculation Settings: Check the configuration settings for interest