How To Fix FH410 - Payment term & not defined

SAP Error Message - Details

• Message type: E = Error

• Message class: FH - General ledger module messages

• Message number: 410

• Message text: Payment term & not defined

What causes this issue?

Term of payment &V1& is not defined.

System Response

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

How to fix this error?

Maintain the terms of payment in the Financial Accounting configuration
menu.

<DS:TRAN.OBB8>Proceed</>
ENDIF

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FH410 - Payment term & not defined ?

  The SAP error message FH410, which states "Payment term & not defined," typically occurs when a payment term that is being referenced in a transaction (such as an invoice or a payment) is not defined in the system. This can happen in various modules, including Accounts Payable (AP) and Accounts Receivable (AR).
  Cause:
  
  Missing Payment Term: The payment term specified in the transaction does not exist in the system.
  Incorrect Configuration: The payment term may not have been properly configured in the system.
  Data Entry Error: There may be a typo or incorrect entry in the payment term field.
  Master Data Issues: The vendor or customer master data may reference a payment term that is not defined.
  
  Solution:
  
  
  Check Payment Term Configuration:
  
  Go to the configuration settings in SAP (Transaction Code: OBB8) to check if the payment term exists.
  If it does not exist, you can create a new payment term or modify an existing one.
  
  
  
  Create or Modify Payment Term:
  
  If you need to create a new payment term, you can do so by navigating to the appropriate configuration path:
  
  SPRO ? Financial Accounting ? Accounts Receivable and Accounts Payable ? Business Transactions ? Incoming Payments ? Define Payment Terms.
  
  
  Ensure that the payment term is correctly defined with the necessary parameters (e.g., due date calculation, discounts).
  
  
  
  Verify Master Data:
  
  Check the vendor or customer master data to ensure that the correct payment term is assigned.
  You can do this using Transaction Codes like FK03 (for vendor) or FD03 (for customer).
  
  
  
  Correct Data Entry:
  
  Review the transaction where the error occurred and ensure that the payment term is entered correctly without any typos.
  
  
  
  Consult Documentation:
  
  If you are unsure about the payment terms and their configurations, refer to SAP documentation or consult with your SAP functional consultant.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  OBB8: To view and maintain payment terms.
  FK03: To display vendor master data.
  FD03: To display customer master data.
  
  
  
  Payment Terms: Payment terms in SAP define the conditions under which payments are to be made, including due dates and any discounts for early payment.
  
  
  Error Handling: If the issue persists after checking the above points, consider checking the system logs or consulting with your SAP Basis team for any underlying issues.
  
  
  By following these steps, you should be able to resolve the FH410 error and ensure that the payment terms are correctly defined and utilized in your SAP system.