How To Fix F0468 - Payment reference &2 is incorrect for Sweden

SAP Error Message - Details

• Message type: E = Error

• Message class: F0 - FI batch program messages

• Message number: 468

• Message text: Payment reference &2 is incorrect for Sweden

What causes this issue?

There is a check routine defined in the system for country &V1&. When
this routine was used for the entry &V2&, it found an error.
The error may be the result of an incorrect check digit. Other causes
may be an incorrect field length (the number is too great, or the value
too short) or the use of a character which is not permitted (an
alphanumeric value in a numeric field, for example).
With the bank checking account procedure in Sweden, a 'hard' check is
allowed, but also a 'soft' check is allowed.
'Hard' Check
The bank rejects an incorrect payment reference and a missing payment
reference.
'Soft' Check
The bank also accepts an incorrect payment reference or a different,
alternative payment reference.
Accordingly, this message is an error message in the standard system (->
'hard' check), but you can change it in transaction OBA5 to a warning
message (-> 'soft' check), so that when entering an incoming invoice
with an incorrect payment reference, the user receives a warning message
stating that the payment recipient expects a correct payment reference
when they check. As a result, the user should possibly change the
payment reference. However, the posting of the incoming invoice can
still be made if the payment reference is not changed.

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?

Check whether the number was transferred correctly from the original
document.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message F0468 - Payment reference &2 is incorrect for Sweden ?

  The SAP error message F0468, which states "Payment reference &2 is incorrect for Sweden," typically occurs in the context of financial transactions, particularly when dealing with payment processing in the SAP system. This error is specifically related to the format or validity of the payment reference number used in transactions for Sweden.
  Cause:
  
  Incorrect Format: The payment reference number may not conform to the expected format defined for Swedish payments. Each country has specific requirements for payment references, and if the format does not match, the system will throw this error.
  Invalid Characters: The payment reference may contain invalid characters or symbols that are not allowed in the Swedish payment reference format.
  Length Issues: The payment reference number may be too short or too long, violating the length constraints set by the payment processing rules for Sweden.
  Configuration Issues: There may be configuration settings in the SAP system that are not correctly set up for handling Swedish payment references.
  
  Solution:
  
  Check Format: Verify that the payment reference number adheres to the required format for Sweden. This may include checking for the correct number of digits, allowed characters, and overall structure.
  Validate Input: Ensure that the payment reference number does not contain any invalid characters or symbols. It should only include alphanumeric characters as specified by the payment processing guidelines.
  Adjust Length: Make sure that the payment reference number is of the correct length as per the requirements. If it is too short or too long, adjust it accordingly.
  Review Configuration: Check the configuration settings in the SAP system related to payment processing for Sweden. Ensure that all necessary parameters are correctly set up to handle Swedish payment references.
  Consult Documentation: Refer to SAP documentation or guidelines specific to payment processing in Sweden for any additional requirements or constraints that may apply.
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide updates on handling payment references in Sweden.
  Payment Processing Guidelines: Review the payment processing guidelines provided by the Swedish banking system or financial institutions to ensure compliance with local regulations.
  Testing: After making adjustments, conduct tests to ensure that the payment reference is accepted and that the error does not recur.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a financial consultant familiar with SAP and Swedish payment processing.