How To Fix FKK_FACT048 - Receviable &1 was offered to factor &2, hence no answer from factor &3

FKK_FACT048 - Overview

• Message type: E = Error

• Message class: FKK_FACT - FI-CA: Factoring

• Message number: 048

• Message text: Receviable &1 was offered to factor &2, hence no answer from factor &3

What causes this issue?

The receivable &V1& has been offered to the factor&V2&, therefore no
answer from the factor &V3& can be received for this receivable.

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 FKK_FACT048 - Receviable &1 was offered to factor &2, hence no answer from factor &3 ?

  The SAP error message FKK_FACT048 indicates that a receivable (invoice or payment) has been offered to a factoring company (factor) and that there has been no response from another factor regarding that receivable. This typically occurs in the context of accounts receivable management and factoring processes within SAP.
  
  Cause:
  
  Factoring Process: The receivable has been submitted to a specific factor (e.g., Factor &2) for financing or collection, and the system is indicating that it cannot process the request for another factor (e.g., Factor &3) because the receivable is already under consideration by the first factor.
  System Configuration: There may be configuration settings in the SAP system that dictate how receivables are managed and offered to factors, which could lead to this message if not set up correctly.
  Timing Issues: If the receivable was recently submitted to the first factor, there may be a delay in processing or response, leading to this error when trying