How To Fix FAR_POSTING_RULES064 - Select a payment transaction type.

SAP Error Message - Details

• Message type: E = Error

• Message class: FAR_POSTING_RULES - AR Posting Rules

• Message number: 064

• Message text: Select a payment transaction type.

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FAR_POSTING_RULES064 - Select a payment transaction type. ?

  The SAP error message FAR_POSTING_RULES064, which states "Select a payment transaction type," typically occurs in the context of financial accounting or asset accounting when a user is trying to post a transaction without specifying a required payment transaction type. This error is often encountered in the Asset Accounting (FI-AA) module when dealing with asset transactions.
  Cause:
  The error is usually caused by one of the following reasons:
  
  Missing Payment Transaction Type: The user has not selected a payment transaction type in the transaction screen.
  Configuration Issues: The payment transaction types may not be properly configured in the system.
  User Role/Authorization: The user may not have the necessary authorizations to select or view certain payment transaction types.
  
  Solution:
  To resolve the error, you can take the following steps:
  
  
  Select a Payment Transaction Type:
  
  When prompted by the error message, ensure that you select a valid payment transaction type from the dropdown menu or input field. This is often required for transactions involving payments or asset disposals.
  
  
  
  Check Configuration:
  
  If you are an SAP administrator or have access to configuration settings, check the configuration for payment transaction types in the relevant customizing settings (Transaction Code: SPRO).
  Navigate to Financial Accounting (New) > Accounts Receivable and Accounts Payable > Business Transactions > Incoming Payments > Define Payment Transaction Types.
  Ensure that the necessary payment transaction types are defined and active.
  
  
  
  User Authorizations:
  
  Verify that the user has the necessary authorizations to access and select payment transaction types. This can be checked in the user roles assigned to the user in transaction SU01.
  
  
  
  Consult Documentation:
  
  If the issue persists, consult the SAP documentation or help resources for further guidance on the specific transaction you are trying to perform.
  
  
  
  Contact Support:
  
  If you are unable to resolve the issue, consider reaching out to your internal SAP support team or SAP support for assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as:
  
  F-90: Asset Acquisition
  F-92: Asset Retirement
  F-03: Clear G/L Account
  
  
  SAP Notes: Check for any SAP Notes related to FAR_POSTING_RULES064 for additional insights or patches that may address the issue.
  Training: Consider training sessions or materials on Asset Accounting and payment processing in SAP to better understand the workflow and requirements.
  
  By following these steps, you should be able to resolve the error and successfully complete your transaction in SAP.