How To Fix VVOZINS005 - In old currency &1, interest was not calculated up to &2

VVOZINS005 - Overview

• Message type: E = Error

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

• Message number: 005

• Message text: In old currency &1, interest was not calculated up to &2

What causes this issue?

You want to execute a currency change for an insurance object with
balance interest calculation. This is only possible if interest has been
calculated for insurance objects up to the day before the change date.
Either interest was not calculated up to this date, or clarification
cases still exist for this insurance object.
The clarification cases can occur due to postings in a period for which
interest has already been calculated, and are retained if the posting is
then reversed. A further cause can be postings that are executed while
interest is being calculated on the insurance object.

System Response

The currency change is not possible.

How to fix this error?

Calculate interest in the insurance object up to the day before the
desired date. This deletes the clarification cases.

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.

VVOZINS005 - Details

• The SAP error message VVOZINS005 indicates that interest was not calculated for a specific period in an old currency. This typically occurs in the context of financial transactions, particularly in the area of interest calculation for loans, receivables, or payables.
  
  Cause:
  
  Currency Conversion Issues: The error may arise if there are issues with currency conversion rates or if the currency used for the transaction is no longer valid or has been changed.
  Interest Calculation Configuration: The configuration settings for interest calculation may not be set up correctly for the specified period or currency.
  Missing Data: There may be missing or incomplete data for the interest calculation, such as missing interest rates or periods.
  Period Closing: The period for which interest is being calculated may have been closed, preventing any further calculations.
  
  
  Solution:
  
  Check Currency Settings: Verify that the currency settings are correct and that the currency used is valid. Ensure that the necessary exchange rates are maintained