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

SAP Error Message - Details

• 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.

Smart SAP Assistant

• What is the cause and solution for SAP error message BFIBL02240 - The amount of this payment is too high ?

  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 set for the vendor or customer in the master data. Adjust the limits if necessary.
  Adjust Configuration: If the limit is set in the payment program configuration, consult with your SAP administrator or financial team to adjust the settings.
  Review Document Types: Check if the document type used for the payment has any restrictions and modify it if needed.
  Currency Conversion: Ensure that the currency conversion rates are up to date and that the payment amount is within acceptable limits after conversion.
  User Authorizations: Verify that the user has the appropriate authorizations to process payments of the specified amount. If not, request the necessary permissions from the system administrator.
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like FBZP (Payment Program Configuration) to check and modify payment settings.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance.
  Documentation: Refer to SAP documentation for detailed information on payment processing and configuration settings.
  Testing: After making any changes, conduct tests to ensure that the payment can be processed without encountering the error again.
  
  If the issue persists after trying the above solutions, it may be beneficial to consult with your SAP support team or a technical consultant for further investigation.