How To Fix 1K126 - No guaranteed amount is allowed for transaction type &1

SAP Error Message - Details

• Message type: E = Error

• Message class: 1K - BCA: Account Type

• Message number: 126

• Message text: No guaranteed amount is allowed for transaction type &1

What causes this issue?

Transaction type &v1& is not a check transaction type. For this reason,
no guaranteed amount (for transaction type &v2&) is calculated.

How to fix this error?

Delete the transaction type for the guaranteed amount &v2&.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 1K126 - No guaranteed amount is allowed for transaction type &1 ?

  The SAP error message 1K126: No guaranteed amount is allowed for transaction type &1 typically occurs in the context of financial transactions, particularly when dealing with guarantees or commitments in the SAP system. This error indicates that the transaction type you are trying to process does not allow for a guaranteed amount to be specified.
  Cause:
  
  Transaction Type Configuration: The transaction type you are using may not be configured to allow guaranteed amounts. This is often set in the configuration of the financial module (e.g., SAP FI or SAP CO).
  Incorrect Data Entry: The user may have inadvertently entered a guaranteed amount when it is not applicable for the selected transaction type.
  Business Rules: Certain business rules or policies may dictate that specific transaction types cannot have guaranteed amounts associated with them.
  
  Solution:
  
  
  Check Transaction Type Configuration:
  
  Go to the configuration settings for the relevant module (e.g., Financial Accounting).
  Verify the settings for the transaction type in question. Ensure that it is configured to allow guaranteed amounts if that is necessary for your business process.
  If changes are needed, consult with your SAP administrator or a functional consultant to adjust the configuration.
  
  
  
  Review Data Entry:
  
  Double-check the data you are entering for the transaction. Ensure that you are not mistakenly entering a guaranteed amount where it is not allowed.
  If you are unsure about the correct values, refer to your organization's guidelines or consult with a colleague.
  
  
  
  Consult Documentation:
  
  Review any relevant documentation or user manuals that pertain to the transaction type you are using. This may provide insights into the expected behavior and restrictions.
  
  
  
  Contact Support:
  
  If the issue persists after checking the configuration and data entry, consider reaching out to your SAP support team or consulting with SAP Help for further assistance.
  
  
  
  Related Information:
  
  Transaction Types: Familiarize yourself with the different transaction types available in your SAP system and their specific configurations.
  SAP Notes: Check for any SAP Notes related to this error message, as they may provide additional context or solutions.
  User Roles and Authorizations: Ensure that the user role has the necessary authorizations to perform the transaction in question.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.