How To Fix FICO1296 - If You Specify an Amount and Percentage Rate, Addition Takes Place

FICO1296 - Overview

• Message type: E = Error

• Message class: FICO1 -

• Message number: 296

• Message text: If You Specify an Amount and Percentage Rate, Addition Takes Place

What causes this issue?

You have entered a percentage rate or an amount.

System Response

First you calculate the amount according to the specified percentage
rate. Then, you add the amount specified in the condition to the
resulting amount.

How to fix this error?

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

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

FICO1296 - Details

• The SAP error message FICO1296 typically occurs in the context of financial transactions, particularly when dealing with payment terms or conditions that involve both an amount and a percentage rate. The message indicates that if both an amount and a percentage rate are specified, the system will perform an addition operation, which may not be the intended behavior.
  
  Cause:
  The error arises when:
  
  You are trying to enter a financial transaction (like an invoice or payment) where both an absolute amount and a percentage rate are provided.
  The system is designed to handle either an amount or a percentage rate, but not both simultaneously, as this could lead to confusion or incorrect calculations.
  
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Review Input Fields: Check the fields where you are entering the amount and percentage rate. Ensure that you are only entering one of the two:
  
  If you want to specify a fixed amount, leave