How To Fix 67_PAYMENTS111 - Amount not sufficient for a full payoff

SAP Error Message - Details

• Message type: E = Error

• Message class: 67_PAYMENTS - Message Class Incoming Payment / Payment Postprocessing

• Message number: 111

• Message text: Amount not sufficient for a full payoff

What causes this issue?

The amount is treated as a curtailment.

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?

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 67_PAYMENTS111 - Amount not sufficient for a full payoff ?

  The SAP error message 67_PAYMENTS111: Amount not sufficient for a full payoff typically occurs in the context of financial transactions, particularly when dealing with loan payments, invoices, or other financial obligations. This error indicates that the amount being paid is insufficient to cover the total outstanding balance or the full payoff amount.
  Causes:
  
  Insufficient Payment Amount: The payment amount entered is less than the total amount due.
  Partial Payment Configuration: The system may be configured to require full payment for certain transactions, and a partial payment is being attempted.
  Outstanding Fees or Interest: There may be additional fees, interest, or charges that have not been accounted for in the payment amount.
  Currency Issues: If the payment is being made in a different currency, there may be conversion issues leading to an insufficient amount.
  Payment Terms: The payment terms set in the system may require a specific amount to be paid, which is not being met.
  
  Solutions:
  
  Verify Payment Amount: Check the total amount due and ensure that the payment being made meets or exceeds this amount.
  Review Outstanding Balances: Look for any additional fees, interest, or charges that may not have been included in the payment amount.
  Adjust Payment Terms: If applicable, review the payment terms in the system to see if they can be adjusted to allow for partial payments.
  Currency Conversion: If dealing with multiple currencies, ensure that the conversion rates are correct and that the payment amount is sufficient in the correct currency.
  Consult Documentation: Review any relevant documentation or guidelines related to the specific transaction type to ensure compliance with payment requirements.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP that pertain to payments, such as F-28 (Post Incoming Payments) or F-53 (Post Outgoing Payments).
  SAP Notes: Check SAP Notes for any known issues or updates related to this error message.
  User Roles and Permissions: Ensure that the user has the necessary permissions to make the payment and that the transaction is being processed correctly.
  Consult with Finance Team: If the issue persists, it may be beneficial to consult with the finance or accounting team to understand the specific requirements for the transaction.
  
  By addressing the above points, you should be able to resolve the error message and successfully process the payment.