How To Fix BFIBL02240 - The amount of this payment is too high

BFIBL02240 - Overview

• Message type: E = Error

• Message class: BFIBL02 - Payment Medium: Messages

• Message number: 240

• Message text: The amount of this payment is too high

What causes this issue?

You attempted to create a new payment medium for format &V1&. However,
the amount of this payment from &V2& &V3& is too high. The maximum
number of characters is defined in Customizing as &V4&.

How to fix this error?

Make sure that payment media are only created for those payments with
amounts not exceeding the set limit. Alternatively, you can make
changes in Customizing.
<DS:TRAN.OBPM1>Proceed</>

Error message extract from SAP system. Copyright SAP SE.

BFIBL02240 - Details

• The SAP error message BFIBL02240, which states "The amount of this payment is too high," typically occurs in the context of payment processing within the SAP system, particularly in the Financial Accounting (FI) module. This error indicates that the payment amount exceeds a predefined limit or threshold set in the system.
  Causes:
  
  Payment Limit Exceeded: The payment amount exceeds the maximum limit defined for a specific vendor, customer, or payment method.
  Configuration Settings: There may be configuration settings in the payment program that restrict the maximum payment amount.
  Document Type Restrictions: Certain document types may have limits on the payment amounts that can be processed.
  Currency Issues: If the payment is in a different currency, the conversion rate may lead to an amount that exceeds the limit when converted to the base currency.
  User Authorizations: The user may not have the necessary authorizations to process payments above a certain amount.
  
  Solutions:
  
  Check Payment Limits: Review the payment limits