How To Fix WS412 - No method entered for calculating interest

SAP Error Message - Details

• Message type: E = Error

• Message class: WS - Supplier Billing Document

• Message number: 412

• Message text: No method entered for calculating interest

What causes this issue?

You need to enter an interest calculation method for calculating
interest for early payments.

System Response

INCLUDE ISR_STOP

How to fix this error?

Enter an interest calculation method.

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.

Smart SAP Assistant

• What is the cause and solution for SAP error message WS412 - No method entered for calculating interest ?

  The SAP error message WS412: No method entered for calculating interest typically occurs in the context of interest calculation processes, such as in Accounts Receivable (FI-AR), Accounts Payable (FI-AP), or Treasury modules where interest calculation is relevant.
  
  Cause
  The error WS412 is raised because the system expects a valid interest calculation method to be specified, but none has been entered or maintained in the relevant configuration or master data. Without this method, SAP cannot determine how to calculate interest on overdue items or other financial documents.
  Common scenarios causing this error include:
  
  Missing or incomplete configuration in the Interest Calculation customizing.
  The interest calculation method is not assigned to the relevant company code, customer/vendor, or document type.
  The interest calculation method is not maintained in the Interest Calculation Parameters.
  The interest calculation method field is left blank in the transaction or program triggering interest calculation.
  
  
  Solution
  To resolve the WS412 error, follow these steps:
  
  
  Check Interest Calculation Configuration:
  
  Go to SPRO ? Financial Accounting ? Accounts Receivable and Accounts Payable ? Interest Calculation ? Define Interest Calculation Methods.
  Ensure that at least one interest calculation method is defined and properly configured.
  
  
  
  Assign Interest Calculation Method:
  
  Assign the interest calculation method to the relevant company code or customer/vendor master data.
  For example, in customer master (transaction FD02), check the Payment Transactions tab for interest calculation settings.
  Alternatively, assign the method in the customizing path:
  
  SPRO ? Financial Accounting ? Accounts Receivable and Accounts Payable ? Interest Calculation ? Assign Interest Calculation Method to Company Code.
  
  
  
  
  
  Maintain Interest Calculation Parameters:
  
  Define the parameters for the interest calculation method, such as interest rates, calculation base, minimum interest amount, etc.
  This is done in customizing under:
  
  SPRO ? Financial Accounting ? Accounts Receivable and Accounts Payable ? Interest Calculation ? Define Parameters for Interest Calculation.
  
  
  
  
  
  Check Transaction or Program Input:
  
  If the error occurs during a specific transaction or batch job (e.g., interest run), verify that the interest calculation method is entered or selected.
  For example, in transaction FINT (Interest Calculation Run), ensure the interest method is specified.
  
  
  
  Re-run the Process:
  
  After maintaining the interest calculation method and parameters, re-run the interest calculation process.
  
  
  
  
  Related Information
  
  
  Transaction Codes:
  
  FINT – Interest Calculation Run
  FD02 – Change Customer Master (check interest settings)
  OBB8 – Define Interest Calculation Methods (customizing)
  
  
  
  SAP Notes:
  
  Check SAP Notes related to interest calculation errors for your SAP version.
  
  
  
  Documentation:
  
  SAP Help Portal: Interest Calculation in FI-AR and FI-AP
  SAP Library ? Financial Accounting ? Accounts Receivable and Accounts Payable ? Interest Calculation
  
  
  
  
  Summary
  
  
  
  Aspect
  Details
  
  
  
  
  Error Message
  WS412: No method entered for calculating interest
  
  
  Cause
  Interest calculation method not specified or missing in configuration or master data
  
  
  Solution
  Define and assign an interest calculation method in customizing and master data
  
  
  Key Transactions
  FINT (Interest Run), FD02 (Customer Master), OBB8 (Define Interest Methods)
  
  
  Additional Notes
  Ensure parameters for interest calculation are maintained and correctly assigned
  
  
  
  
  If you provide more context (e.g., module, transaction, or process where the error occurs), I can give more tailored guidance.