How To Fix 1FA426 - Contract total less than minimum deposit

SAP Error Message - Details

• Message type: E = Error

• Message class: 1FA - Betragskündigungen und Freibeträge

• Message number: 426

• Message text: Contract total less than minimum deposit

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message 1FA426 - Contract total less than minimum deposit ?

  The SAP error message "1FA426 Contract total less than minimum deposit" typically occurs in the context of contract management or financial transactions within the SAP system. This error indicates that the total amount of a contract is less than the minimum deposit required for that contract. Here’s a breakdown of the cause, potential solutions, and related information:
  Cause:
  
  Contract Configuration: The contract may have been configured with a minimum deposit requirement that is not being met by the total contract value.
  Data Entry Error: There may have been an error in entering the contract total or the minimum deposit amount.
  Business Rules: The business rules set in the system may require a minimum deposit that is higher than the total contract amount.
  
  Solution:
  
  Review Contract Details: Check the contract details to ensure that the total amount is correctly entered and that it meets the minimum deposit requirement.
  Adjust Contract Amount: If the contract total is indeed less than the minimum deposit, consider adjusting the contract amount to meet the minimum requirement.
  Modify Minimum Deposit: If appropriate, you may need to adjust the minimum deposit requirement in the contract configuration settings to allow for lower contract totals.
  Consult with Finance Team: If you are unsure about the minimum deposit requirements, consult with your finance or accounting team to understand the business rules and policies in place.
  System Configuration: If you have the necessary permissions, check the configuration settings in the SAP system to ensure that the minimum deposit rules are set correctly.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP that pertain to contract management, such as ME31K (Create Contract), ME32K (Change Contract), and ME33K (Display Contract).
  Documentation: Refer to SAP documentation or user manuals for specific details on contract management and minimum deposit requirements.
  User Roles: Ensure that you have the appropriate user roles and permissions to make changes to contracts and their configurations.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message, as there may be updates or fixes available.
  
  If the issue persists after trying the above solutions, it may be beneficial to reach out to your SAP support team or consult with an SAP expert for further assistance.