How To Fix FIPOS001 - Cash holding items must have item category "1"

SAP Error Message - Details

• Message type: E = Error

• Message class: FIPOS - Message Class for Creation of Commitment Items

• Message number: 001

• Message text: Cash holding items must have item category "1"

What causes this issue?

Cash balance items with financial transaction <LS>90</> must have item
category <LS>1</>.

System Response

The system doew not accept the entry.

How to fix this error?

User item category <LS>1</> or change the financial transaction.

Procedure for System Administrators

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

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FIPOS001 - Cash holding items must have item category "1" ?

  The SAP error message FIPOS001 indicates that cash holding items in a financial transaction must have the item category set to "1". This error typically arises in the context of cash management or financial accounting processes within SAP, particularly when dealing with cash positions or cash flow items.
  Cause:
  The error occurs when a cash holding item is being processed, but its item category does not match the required category "1". This mismatch can happen due to:
  
  Incorrect Configuration: The item category for cash holding items may not be correctly configured in the system.
  Data Entry Error: During the entry of financial transactions, the item category may have been incorrectly specified.
  Custom Development: If there are custom programs or enhancements, they may not be handling item categories correctly.
  
  Solution:
  To resolve the error, you can take the following steps:
  
  
  Check Item Category:
  
  Review the transaction or document that triggered the error.
  Ensure that the item category for the cash holding item is set to "1". You can do this by navigating to the relevant transaction in SAP and checking the item details.
  
  
  
  Configuration Review:
  
  If you have access to configuration settings, check the configuration for cash holding items in the relevant financial module (e.g., Cash Management).
  Ensure that the item categories are correctly defined and that "1" is assigned to cash holding items.
  
  
  
  Data Entry Correction:
  
  If the error is due to incorrect data entry, correct the item category in the transaction and reprocess it.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help files for more information on item categories and their definitions.
  
  
  
  Contact Support:
  
  If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting with an SAP expert who can provide further assistance.
  
  
  
  Related Information:
  
  Item Categories: In SAP, item categories define the characteristics of line items in financial documents. Each category has specific rules and behaviors associated with it.
  Cash Management: This module in SAP helps organizations manage their cash flow and liquidity effectively. Understanding how cash holding items are categorized is crucial for accurate financial reporting.
  Transaction Codes: Familiarize yourself with relevant transaction codes (e.g., FBL1N, FBL3N) that may help you view and analyze financial documents and their item categories.
  
  By following these steps, you should be able to identify the cause of the error and implement the necessary corrections to resolve it.