How To Fix 1Q416 - Payment order &2 in bank area &1 and derived orders have been posted

1Q416 - Overview

• Message type: E = Error

• Message class: 1Q - Messages In-House Banking

• Message number: 416

• Message text: Payment order &2 in bank area &1 and derived orders have been posted

What causes this issue?

All items for payment order &2 in bank area &1 and the derived
(cross-bank area) payment orders have been posted. If the transaction
currency of the ordering party item or recipient item in one of the
generated payment orders differs from the account currency, the system
generates an additional payment order for the currency swap in each
case.

How to fix this error?

You can use report program IHC_BCAREVPO_ALV01 to list all the
cross-bank area payment orders, including the additional currency swap
payment orders.

Error message extract from SAP system. Copyright SAP SE.

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• What is the cause and solution for SAP error message 1Q416 - Payment order &2 in bank area &1 and derived orders have been posted ?

  The SAP error message 1Q416 typically indicates that a payment order and its derived orders have already been posted in the specified bank area. This error can occur in the context of financial transactions, particularly when dealing with payment processing in SAP.
  
  Cause:
  The error arises when you attempt to post a payment order that has already been processed or posted in the system. This can happen due to:
  
  Duplicate posting attempts for the same payment order.
  An attempt to modify or reverse a payment order that has already been finalized.
  Issues with the configuration of payment processing in the bank area.
  
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Payment Order Status:
  
  Verify the status of the payment order in question. You can do this by navigating to the relevant transaction (e.g., F110 for automatic payment transactions) and checking the payment order details.
  
  
  
  Avoid Duplicate Posting:
  
  Ensure that you are not trying to post the same