How To Fix 1G160 - Account &2 (bank area &1): Overdraft limit is not released

SAP Error Message - Details

• Message type: E = Error

• Message class: 1G - BKK: Konditionen

• Message number: 160

• Message text: Account &2 (bank area &1): Overdraft limit is not released

What causes this issue?

The account balancing could not be executed as at least one overdraft
limit is not yet released.

System Response

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

How to fix this error?

Release the overdraft limit.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 1G160 - Account &2 (bank area &1): Overdraft limit is not released ?

  The SAP error message 1G160 indicates that there is an issue with the overdraft limit for a specific bank account in the specified bank area. This error typically arises when a transaction is attempted that exceeds the allowed overdraft limit for that account.
  Cause:
  
  Overdraft Limit Exceeded: The transaction you are trying to process exceeds the overdraft limit set for the specified bank account.
  Configuration Issues: The overdraft limit may not be properly configured in the system.
  Bank Account Status: The bank account may be inactive or not properly set up to allow overdrafts.
  Transaction Type: The type of transaction being processed may not be allowed under the current overdraft settings.
  
  Solution:
  
  Check Overdraft Limit: Review the overdraft limit set for the bank account in question. You can do this by navigating to the bank account settings in SAP and verifying the overdraft limit.
  Adjust Transaction Amount: If possible, adjust the amount of the transaction to ensure it does not exceed the overdraft limit.
  Modify Overdraft Limit: If the overdraft limit needs to be increased, you may need to adjust the settings in the bank account configuration. This typically requires appropriate authorization.
  Review Bank Account Status: Ensure that the bank account is active and properly configured to allow overdrafts.
  Consult with Finance Team: If you are unsure about the appropriate limits or configurations, consult with your finance or treasury team to ensure compliance with company policies.
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes such as FI12 (for bank master data) or OBPM1 (for bank account management) to check and modify the settings.
  Documentation: Refer to SAP documentation or your organization's internal guidelines for managing bank accounts and overdraft limits.
  User Authorizations: Ensure that you have the necessary authorizations to view and modify bank account settings in SAP.
  
  If the issue persists after checking these areas, it may be beneficial to consult with your SAP support team or a technical consultant for further assistance.