How To Fix FC272 - Entry of a holdback/retainage payment term is not possible here

FC272 - Overview

• Message type: E = Error

• Message class: FC - FI configuration error messages

• Message number: 272

• Message text: Entry of a holdback/retainage payment term is not possible here

What causes this issue?

You have specified a term for this holdback/retainage which is in turn
a holdback/retainage payment term. This is, however, not possible.

System Response

Error message

How to fix this error?

Specify terms for this holdback/retainage which are not a
holdback/retainage payment.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FC272 - Entry of a holdback/retainage payment term is not possible here ?

  The SAP error message FC272, which states "Entry of a holdback/retainage payment term is not possible here," typically occurs in the context of financial transactions, particularly when dealing with payment terms that involve retainage or holdbacks. This error can arise in various scenarios, such as during invoice processing or when creating payment terms in the system.
  
  Cause:
  
  Incorrect Payment Term Configuration: The payment term being used may not be configured to allow for holdback or retainage payments. This can happen if the payment term is not set up correctly in the system.
  Transaction Type Restrictions: Certain transaction types may not support retainage payment terms. For example, if you are trying to apply a retainage payment term to a transaction that does not allow it, this error will occur.
  Document Type Limitations: The document type being used may not be compatible with retainage payment terms. Some document types are restricted from using specific payment terms.
  User