How To Fix FI300 - Item category 1 needs a cash holdings item

FI300 - Overview

• Message type: E = Error

• Message class: FI - TR-FM Funds Management

• Message number: 300

• Message text: Item category 1 needs a cash holdings item

What causes this issue?

The <DS:GLOS.item_category>item category</> 1 (balance) can only be
defined for a cash holdings item with <DS:GLOS.financial_transaction>
financial transaction</> 90.

How to fix this error?

Enter a different financial transaction or a different item category.

Error message extract from SAP system. Copyright SAP SE.

FI300 - Details

• The SAP error message FI300, which states "Item category 1 needs a cash holdings item," typically occurs in the context of financial transactions, particularly when dealing with cash management or cash accounting in SAP. This error indicates that the system expects a cash holdings item to be associated with the transaction being processed.
  
  Cause:
  
  Missing Cash Holdings Item: The transaction you are trying to process requires a cash holdings item (usually a specific GL account) to be defined in the system, but it is not present.
  
  Configuration Issues: The configuration for cash management or the specific transaction type may not be set up correctly, leading to the system not recognizing the necessary cash holdings item.
  Incorrect Item Category: The item category being used in the transaction may not be appropriate for the type of transaction you are trying to execute.
  
  
  Solution:
  
  
  Check Configuration:
  
  Go to the configuration settings in SAP (Transaction code SPRO).
  Navigate to the relevant area