How To Fix EPS542 - The amount must not be lower than the proposal amount &1

SAP Error Message - Details

• Message type: E = Error

• Message class: EPS - Payment Scheme

• Message number: 542

• Message text: The amount must not be lower than the proposal amount &1

What causes this issue?

You attempted to change the payment scheme amount. This is not possible
as the new payment scheme amount is lower than the determined proposal
amount &v1&.

System Response

The action is terminated.

How to fix this error?

Enter a payment scheme amount that is higher than the proposal amount
&v1&.
Enter a change reason (in Customizing in table TE641 Reasons for Change
to Budget Billing Amount?) to enter an amount that is higher than the
proposal amount.
Change the Customizing setting in table TE644 ?IC WebClient: Control
Parameters for Payment Scheme? in field ?ICWC: Payment Scheme Amount is
Higher Than Proposal Amount?.

Procedure for System Administrators

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message EPS542 - The amount must not be lower than the proposal amount &1 ?

  The SAP error message EPS542, which states "The amount must not be lower than the proposal amount &1," typically occurs in the context of budget management or financial planning within SAP. This error indicates that the amount you are trying to enter or process is less than a predefined proposal amount, which is often set as a minimum threshold for budgetary control.
  Cause:
  
  Budget Constraints: The amount you are trying to enter is lower than the budget proposal amount that has been set for a particular cost center, project, or internal order.
  Incorrect Data Entry: There may be a mistake in the amount you are trying to input, either due to a typographical error or misunderstanding of the required amount.
  Configuration Settings: The system may be configured to enforce strict budgetary controls, preventing any transactions that would result in exceeding the proposed budget.
  
  Solution:
  
  Review the Proposal Amount: Check the proposal amount (&1) that is being referenced in the error message. Ensure that the amount you are trying to enter is equal to or greater than this amount.
  Adjust the Amount: If appropriate, modify the amount you are trying to enter to meet or exceed the proposal amount.
  Check Budget Availability: Ensure that there is sufficient budget available for the transaction you are attempting to process.
  Consult with Finance Team: If you believe the proposal amount is incorrect or needs to be adjusted, consult with your finance or budgeting team to review and possibly revise the proposal.
  System Configuration: If you have the necessary permissions, review the configuration settings related to budget control in SAP to ensure they align with your organization's policies.
  
  Related Information:
  
  Transaction Codes: Depending on the context, you may be using transaction codes such as FMBB (Budgeting) or CJ20N (Project Management) when encountering this error.
  SAP Notes: Check SAP Notes for any known issues or updates related to budget management and error messages.
  Documentation: Refer to SAP documentation on budget management and financial planning for more detailed guidance on handling budget-related errors.
  
  If the issue persists after following these steps, it may be beneficial to reach out to your SAP support team for further assistance.