How To Fix FICUSTOM060 - Tol. exceeded for item &2 in purchase req. &1; abs. tolerance limit is &3

SAP Error Message - Details

• Message type: E = Error

• Message class: FICUSTOM - Customizable Messages for Funds Management

• Message number: 060

• Message text: Tol. exceeded for item &2 in purchase req. &1; abs. tolerance limit is &3

What causes this issue?

The absolute (currency-related) tolerance limit &V3& was exceeded
for purchase requisition &V1&, item
&V2&.
The tolerance limit was exceeded by &V4& tolerance settings.

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?

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FICUSTOM060 - Tol. exceeded for item &2 in purchase req. &1; abs. tolerance limit is &3 ?

  The SAP error message FICUSTOM060 indicates that the tolerance limit for a specific item in a purchase requisition has been exceeded. This error typically arises in the context of financial transactions, particularly when dealing with purchase requisitions and their associated tolerances for price variances.
  Cause:
  The error message is triggered when the absolute tolerance limit set for a particular item in a purchase requisition is exceeded. This can happen due to several reasons:
  
  Price Variance: The actual price of the item exceeds the expected price by more than the defined tolerance limit.
  Tolerance Settings: The tolerance limits for the purchasing organization or specific material may be set too low.
  Incorrect Data Entry: There may be a mistake in the data entry for the purchase requisition, such as an incorrect price or quantity.
  
  Solution:
  To resolve the error, you can take the following steps:
  
  
  Check Tolerance Settings:
  
  Review the tolerance limits set in the system for the purchasing organization or specific materials. You can do this by navigating to the relevant configuration settings in SAP (usually found in the SPRO transaction under Materials Management > Purchasing > Purchase Order > Tolerance Limits).
  If necessary, adjust the tolerance limits to accommodate the expected price variations.
  
  
  
  Review Purchase Requisition:
  
  Check the details of the purchase requisition (PR) to ensure that the price and quantity entered are correct.
  If the price has changed, update the purchase requisition with the correct price that is within the tolerance limits.
  
  
  
  Consult with Procurement:
  
  If the price increase is justified (e.g., due to market conditions), consult with the procurement team to determine if a change in the tolerance limit is warranted.
  
  
  
  Create a New Purchase Requisition:
  
  If the current purchase requisition cannot be adjusted to meet the tolerance limits, consider creating a new purchase requisition with the correct pricing.
  
  
  
  System Configuration:
  
  If you have the necessary permissions, you may need to adjust the configuration settings in the system to allow for higher tolerances if this is a recurring issue.
  
  
  
  Related Information:
  
  Tolerance Limits: Tolerance limits are set to control the maximum allowable variance between the expected price and the actual price of goods or services. They help in maintaining budgetary control and ensuring that procurement processes are followed correctly.
  SAP Transactions: Familiarize yourself with relevant SAP transactions such as ME51N (Create Purchase Requisition), ME52N (Change Purchase Requisition), and ME53N (Display Purchase Requisition) to manage purchase requisitions effectively.
  Documentation: Refer to SAP documentation or help files for detailed information on configuring tolerance limits and handling purchase requisitions.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.