How To Fix CRMS4_PS_NET063 - Payment frequency type &1 does not exist

SAP Error Message - Details

• Message type: E = Error

• Message class: CRMS4_PS_NET - Net Calculation

• Message number: 063

• Message text: Payment frequency type &1 does not exist

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

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Smart SAP Assistant

• What is the cause and solution for SAP error message CRMS4_PS_NET063 - Payment frequency type &1 does not exist ?

  The SAP error message CRMS4_PS_NET063 indicates that the payment frequency type specified in the system does not exist. This error typically arises in the context of SAP CRM (Customer Relationship Management) or SAP S/4HANA when dealing with payment terms or conditions related to billing or invoicing.
  Cause:
  
  Non-Existent Payment Frequency Type: The payment frequency type you are trying to use is not defined in the system. This could be due to a typo, or the payment frequency type may not have been created in the configuration.
  Configuration Issues: The payment frequency types may not have been properly configured in the system, or the relevant customizing settings may be missing.
  Data Migration Issues: If data has been migrated from another system, the payment frequency types may not have been transferred correctly.
  
  Solution:
  
  Check Payment Frequency Type: Verify the payment frequency type you are trying to use. Ensure that it is correctly spelled and formatted.
  Configuration in SPRO:
  
  Go to the SAP Easy Access screen and enter transaction code SPRO.
  Navigate to SAP Customizing Implementation Guide > Financial Accounting > Accounts Receivable and Accounts Payable > Business Transactions > Incoming Payments > Define Payment Terms.
  Check if the payment frequency type exists. If it does not, you may need to create it.
  
  
  Create Payment Frequency Type:
  
  If the payment frequency type is missing, you can create it in the same configuration area mentioned above.
  Ensure that you define the necessary attributes for the payment frequency type.
  
  
  Check for Transport Issues: If the system is newly implemented or has undergone a transport, ensure that all necessary transport requests have been successfully imported.
  Consult Documentation: Review any relevant documentation or notes from SAP regarding payment frequency types to ensure compliance with best practices.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OBB8 (for payment terms) and SPRO (for configuration).
  SAP Notes: Check SAP Notes for any known issues or updates related to payment frequency types.
  User Roles and Authorizations: Ensure that you have the necessary authorizations to view and modify payment frequency types in the system.
  
  If the issue persists after following these steps, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.