How To Fix F0408 - Incoming and outgoing payments cannot be transferred simultaneously

F0408 - Overview

• Message type: E = Error

• Message class: F0 - FI batch program messages

• Message number: 408

• Message text: Incoming and outgoing payments cannot be transferred simultaneously

What causes this issue?

The PCS format does not permit you to transfer incoming and outgoing
payments at the same time.

System Response

The payment medium program is terminated.

How to fix this error?

Please restrict the run to either incoming or outgoing payments using
the selection screen of the program RFFOM110. In the selection
parameter 'Payment method' on this screen, you should select only
payment methods which are the same payment type (e.g. either incoming
or outgoing). The program must then be started twice.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message F0408 - Incoming and outgoing payments cannot be transferred simultaneously ?

  The SAP error message F0408, which states "Incoming and outgoing payments cannot be transferred simultaneously," typically occurs in the context of financial transactions, particularly when dealing with payment processing in SAP's Financial Accounting (FI) module. This error indicates that the system has detected an attempt to process both incoming and outgoing payments in a single transaction, which is not allowed.
  
  Cause:
  
  Simultaneous Payment Types: The error arises when a transaction attempts to process both incoming (receivables) and outgoing (payables) payments at the same time. This can happen if the payment document is incorrectly configured or if the user is trying to execute a transaction that involves both types of payments.
  
  Configuration Issues: There may be issues with the configuration of payment methods or the settings in the payment program that lead to this error.
  Incorrect Transaction Type: The user may be using the wrong transaction code or method that is not designed to handle