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

SAP Error Message - Details

• 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 Authorization: The user may not have the necessary permissions to enter or modify payment terms related to retainage.
  
  Solution:
  
  
  Check Payment Term Configuration: Review the configuration of the payment term in the SAP system. Ensure that it is set up to allow for holdback or retainage payments. This can be done in the configuration settings under Financial Accounting (FI) > Accounts Receivable and Accounts Payable > Payment Terms.
  
  
  Verify Transaction Type: Ensure that the transaction type you are working with supports the use of retainage payment terms. If it does not, you may need to select a different payment term or transaction type.
  
  
  Review Document Type Settings: Check the settings for the document type you are using. Make sure that it allows for the entry of retainage payment terms.
  
  
  User Permissions: Confirm that the user has the necessary authorizations to enter or modify payment terms. If not, contact your SAP security administrator to adjust the permissions.
  
  
  Consult Documentation: Refer to SAP documentation or consult with your SAP support team for specific guidance related to your version of SAP and the configuration of payment terms.
  
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error message or provide additional troubleshooting steps.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OBB8 (for payment terms) and FB60 (for entering vendor invoices) to navigate the system effectively.
  Testing in Development Environment: If possible, replicate the issue in a development or test environment to better understand the cause without affecting production data.
  
  By following these steps, you should be able to identify the cause of the FC272 error and implement the appropriate solution. If the issue persists, consider reaching out to SAP support for further assistance.