How To Fix 67308 - Payment method not intended for disbursements

67308 - Overview

• Message type: E = Error

• Message class: 67 - Loans Messages - Financial Assets Management

• Message number: 308

• Message text: Payment method not intended for disbursements

What causes this issue?

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

System Response

How to fix this error?

Use a payment method permitted for outpayments. Only payment methods
not used for incoming payments are allowed. Also specify in the payment
method that the payment is an individual payment. You define the
payment method in the customer master.

Error message extract from SAP system. Copyright SAP SE.

67308 - Details

• The SAP error message 67308, which states "Payment method not intended for disbursements," typically occurs when there is a mismatch between the payment method being used and the configuration settings in the SAP system. This error is often encountered in the context of financial transactions, particularly when processing payments or disbursements.
  
  Cause:
  
  
  Incorrect Payment Method Configuration: The payment method you are trying to use is not configured to handle disbursements in the system. This could be due to settings in the payment method configuration that restrict its use for certain types of transactions.
  
  
  Master Data Issues: The vendor or customer master data may not be set up correctly to allow the specified payment method for disbursements.
  
  
  Transaction Type Restrictions: The payment method may be restricted to certain transaction types, and the current transaction does not meet those criteria.
  
  
  
  Solution:
  
  
  Check Payment Method Configuration:
  
  Go to the configuration settings for payment methods in SAP (Transaction code: OBVCU).
  Ensure that