How To Fix FC254 - Term & does not exist as a term of payment

FC254 - Overview

• Message type: E = Error

• Message class: FC - FI configuration error messages

• Message number: 254

• Message text: Term & does not exist as a term of payment

What causes this issue?

The term of payment you have entered does not exist.

System Response

Error message.

How to fix this error?

Firstly create the term of payment you have entered.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FC254 - Term & does not exist as a term of payment ?

  The SAP error message FC254 "Term & does not exist as a term of payment" typically occurs when you are trying to use a payment term in a transaction that has not been defined in the system. This can happen in various contexts, such as during invoice processing, vendor payments, or customer billing.
  
  Cause:
  
  Missing Payment Term: The payment term you are trying to use does not exist in the system. This could be due to a typo or because the term has not been created.
  Incorrect Configuration: The payment term may not be properly configured in the system, or it may have been deactivated.
  Master Data Issues: The payment term might not be assigned to the relevant customer or vendor master data.
  
  
  Solution:
  
  
  Check Payment Terms:
  
  Go to the transaction code OBB8 (Define Terms of Payment) to check if the payment term exists.
  If it does not exist, you can create a new payment term by clicking