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