How To Fix 1FA799 - Sum of acct balance &1 and valid prenotes &2 exceeds contract amount &3

SAP Error Message - Details

• Message type: E = Error

• Message class: 1FA - Betragskündigungen und Freibeträge

• Message number: 799

• Message text: Sum of acct balance &1 and valid prenotes &2 exceeds contract amount &3

What causes this issue?

The sum of the account balance and the value of the valid prenotes
exceeds the contract amount. This means that collection has been
triggered for an amount greater than the contract amount.

System Response

The system does not trigger a disbursement for the amount.
However, if the value date balance on the term start date exceeds the
contract amount the system disburses the difference to the disbursement
reference account.
Therefore, for the purposes of disbursement the system does not consider
the value of prenotes created by SDD orders.

How to fix this error?

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

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 1FA799 - Sum of acct balance &1 and valid prenotes &2 exceeds contract amount &3 ?

  The SAP error message 1FA799 indicates that there is a discrepancy between the sum of the account balance and the valid prenotes in relation to the contract amount. This typically occurs in the context of financial transactions, particularly in accounts payable or receivable, where the system is validating that the total amounts do not exceed the predefined contract limits.
  Cause:
  
  Account Balance Exceeds Contract Amount: The total of the account balance and any valid prenotes (which are preliminary notifications of payment) exceeds the specified contract amount.
  Incorrect Data Entry: There may be incorrect or inconsistent data entered in the system, such as wrong amounts in the account balance or prenotes.
  Contract Limitations: The contract may have specific limitations that are being violated due to the current transaction.
  Configuration Issues: There may be issues with the configuration of the contract or the financial settings in SAP.
  
  Solution:
  
  Review Account Balances: Check the account balance and valid prenotes to ensure they are accurate and reflect the correct amounts.
  Adjust Prenotes: If the prenotes are incorrect or not needed, consider adjusting or removing them to bring the total within the contract limits.
  Contract Review: Review the contract terms to ensure that the amounts being processed are within the allowed limits. If necessary, renegotiate the contract or adjust the amounts accordingly.
  Data Correction: If there are data entry errors, correct them in the system to ensure that the account balance and prenotes are accurate.
  Consult with Finance Team: If you are unsure about the amounts or the contract terms, consult with your finance or accounting team for clarification and guidance.
  
  Related Information:
  
  Transaction Codes: You may need to use specific transaction codes in SAP to review account balances, contracts, or prenotes, such as FB03 (Display Document), FBL1N (Vendor Line Item Display), or FBL3N (G/L Account Line Item Display).
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance on handling contract-related discrepancies.
  Documentation: Refer to SAP documentation or user manuals for detailed information on managing contracts and financial transactions within the system.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.