How To Fix CRM_BILLING026 - Letter of credit (&1 &2) does not have sufficient open value

SAP Error Message - Details

• Message type: E = Error

• Message class: CRM_BILLING - Messages for Billing Set

• Message number: 026

• Message text: Letter of credit (&1 &2) does not have sufficient open value

What causes this issue?

The net value of this order is higher than the open value of the
assigned letter of credit.

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?

Assign a letter of credit with sufficient open value.

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 CRM_BILLING026 - Letter of credit (&1 &2) does not have sufficient open value ?

  The SAP error message CRM_BILLING026 indicates that a letter of credit (LOC) does not have sufficient open value to cover the billing or transaction you are trying to process. This typically occurs in the context of sales and distribution processes where a letter of credit is used as a payment guarantee.
  
  Cause:
  
  Insufficient Open Value: The letter of credit has a limited amount that can be utilized, and the current transaction exceeds this available amount.
  Incorrect Configuration: The letter of credit may not be properly configured in the system, leading to discrepancies in the available value.
  Expired or Closed LOC: The letter of credit may have expired or been closed, making it unavailable for new transactions.
  Data Entry Errors: There may be errors in the data entry related to the letter of credit, such as incorrect amounts or references.
  
  
  Solution:
  
  Check LOC Balance: Verify the available balance of the letter of credit in the system. Ensure that