How To Fix CTE_FIN_POSTING124 - Clearing account code needed in case of external payments (ID &1).

CTE_FIN_POSTING124 - Overview

• Message type: E = Error

• Message class: CTE_FIN_POSTING - ERP - Concur Integration: FIN Postings

• Message number: 124

• Message text: Clearing account code needed in case of external payments (ID &1).

What causes this issue?

In case of external payments, the clearing account code is needed in the
<LS>reversalExpenseEntry</> block with ID &v1&.
This entry block can be viewed in the document's JSON file from the
<LS>Concur Documents</> screen via <PF>Display </>-> <LS>Original File
(JSON Format) </>or by double-clicking the document's information in the
<LS>Changed </>column.

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?

Please add the clearing account code and resubmit the document in the
Concur system.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

CTE_FIN_POSTING124 - Details

• The SAP error message CTE_FIN_POSTING124 indicates that a clearing account code is required for external payments. This typically occurs when you are trying to post a financial transaction that involves external payments, but the system cannot find the necessary clearing account configuration.
  
  Cause:
  
  Missing Clearing Account Configuration: The clearing account for the specific payment method or transaction type has not been defined in the system.
  Incorrect Payment Method: The payment method being used may not be properly configured to handle external payments.
  Account Determination Issues: The account determination settings in the configuration may not be set up correctly for the transaction type you are trying to process.
  
  
  Solution:
  
  
  Define Clearing Account:
  
  Go to the configuration settings in SAP (Transaction Code: SPRO).
  Navigate to Financial Accounting (FI) > Accounts Receivable and Accounts Payable > Business Transactions > Incoming Payments > Define Clearing Accounts.
  Ensure that a clearing account is defined for the relevant payment method and transaction type.
  
  
  
  Check Payment Method