How To Fix FKK_PAYMED001 - Payment medium format &1 is obsolete and was replaced by format &2

FKK_PAYMED001 - Overview

• Message type: E = Error

• Message class: FKK_PAYMED - Payment Medium: Messages

• Message number: 001

• Message text: Payment medium format &1 is obsolete and was replaced by format &2

What causes this issue?

SAP has marked payment medium format &V1& as obsolete. For this reason,
you must no longer use it to create payment media.

Instead, use the format &V2&.
ENDIF

System Response

Obsolete payment medium formats are no longer offered in the input help
and can no longer be configured. However, such formats can still be
used.

How to fix this error?

SAP no longer further develops payment medium formats flagged as
obsolete. Although use is still possible, no support is provided by SAP
Support.
For information about the lifecycle of the payment medium formats, see
this <DS:TRAN.OBPM1SA>overview</>.
Using the <DS:TRAN.FQP3S_LIST>where-used list</> for obsolete formats,
you can view a list of payment methods to which you have still assigned
these formats.

Procedure for System Administrators

If you still want to see obsolete payment medium formats in the input
help and maintain them in the configuration, you need to set the
parameter F_SHOW_OBSOLETE_TFPM to X in the <DS:TRAN.SU3>user master
record</>.

Error message extract from SAP system. Copyright SAP SE.

FKK_PAYMED001 - Details

• The SAP error message FKK_PAYMED001 indicates that the payment medium format you are trying to use is obsolete and has been replaced by a newer format. This typically occurs in the context of payment processing within the SAP system, particularly in the Financial Accounting (FI) and Contract Accounts Receivable and Payable (FI-CA) modules.
  
  Cause:
  
  Obsolete Format: The payment medium format specified in your configuration or during the payment run is no longer supported. This can happen if the format has been deprecated in a newer version of SAP or if your organization has updated its payment processing standards.
  
  Configuration Issues: The system may not have been updated to reflect the new payment medium formats, or the configuration may not have been properly maintained.
  
  
  Solution:
  
  Identify the Formats: Check the error message for the specific formats mentioned (e.g., &1 for the obsolete format and &2 for the new format). This will help you understand which formats