How To Fix F5623 - No posting key has been defined for payment requests

F5623 - Overview

• Message type: E = Error

• Message class: F5 - Document Editing

• Message number: 623

• Message text: No posting key has been defined for payment requests

What causes this issue?

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

System Response

How to fix this error?

Define, in the Financial Accounting configuration menu, a posting key
for the debit or credit posting. To do so, select the menu sequence:
<LS>Bus.transactions -> Accounts receivable -> Payment request OR
<LS>Bus.transactions -> Accounts payable -> Payment request.
<DS:TRAN.OBXP>Carry out function</>

Error message extract from SAP system. Copyright SAP SE.

F5623 - Details

• The SAP error message F5623, which states "No posting key has been defined for payment requests," typically occurs when the system is unable to find a valid posting key for processing payment requests in the Financial Accounting (FI) module. This can happen for various reasons, and understanding the cause and solution can help resolve the issue.
  
  Cause:
  
  
  Missing Configuration: The most common cause of this error is that the posting keys for payment requests have not been defined in the system. Posting keys are essential for determining how transactions are recorded in the general ledger.
  
  
  Incorrect Document Type: The document type used for the payment request may not be correctly configured to allow for the posting keys needed for the transaction.
  
  
  Authorization Issues: Sometimes, the user may not have the necessary authorizations to access or create payment requests, leading to this error.
  
  
  System Settings: There may be inconsistencies or missing settings in the configuration of