How To Fix FICO1194 - Payment currency not allowed when entering percentage rate

FICO1194 - Overview

• Message type: E = Error

• Message class: FICO1 -

• Message number: 194

• Message text: Payment currency not allowed when entering percentage rate

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

What else can you do?

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Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FICO1194 - Payment currency not allowed when entering percentage rate ?

  The SAP error message FICO1194, which states "Payment currency not allowed when entering percentage rate," typically occurs in the context of financial transactions, particularly when dealing with payment terms or conditions that involve percentage calculations. This error indicates that the system does not allow the specified payment currency to be used in conjunction with a percentage rate.
  
  Cause:
  
  Currency Configuration: The payment currency may not be configured correctly in the system. This could be due to settings in the payment terms or the vendor/customer master data.
  Payment Terms: The payment terms defined for the transaction may not support the use of a percentage rate in the specified currency.
  Master Data Issues: The vendor or customer master data may have restrictions or settings that do not allow the specified payment currency.
  Transaction Type: The type of transaction being processed may not support percentage rates in the selected currency.
  
  
  Solution:
  
  Check Payment Terms: Review the payment terms associated with