How To Fix FKKPREP428 - Currency &1 is not intended for processing payment transactions

SAP Error Message - Details

• Message type: E = Error

• Message class: FKKPREP - Prepaid Functions

• Message number: 428

• Message text: Currency &1 is not intended for processing payment transactions

What causes this issue?

You entered the currency &V1& in the prepaid account. This currency is
not suited for processing payment transactions.

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?

Enter a currency in the prepaid account in which payments can be made.
Instead of the currency &V1& that you entered, you should use the
currency &V2&.

Procedure for System Administrators

<ZH>Example</>
You want to bill telephone calls to the second, and therefore need
amounts in dollars with more than two decimal places. Therefore, in
addition the standard currency key USD with 2 decimal places, you define
the currency key USD4 with 4 decimal places. Both currency keys refer to
the same ISO code (USD) and are therefore considered to be compatible.
You have to enter a formal exchange rate of 1:1 for the two currencies.
Prices are determined and billing takes place in USD4; final amounts of
postings, however, are always shown in the official currency USD.
Refills are also made in USD, and you have to enter this currency as the
currency of the prepaid account.
Usages can be processed with all currency keys that refer to the same
ISO code as the currency entered in the prepaid account. Currencies of
this kind can be managed with up to 6 decimal places.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FKKPREP428 - Currency &1 is not intended for processing payment transactions ?

  The SAP error message FKKPREP428 indicates that a specific currency is not configured for processing payment transactions in the SAP system. This error typically arises in the context of financial transactions, particularly in the area of contract accounts receivable and payable (FI-CA).
  Cause:
  The error occurs when:
  
  The currency specified in the transaction is not set up in the system for payment processing.
  The currency may not be included in the configuration for payment methods or payment transactions.
  There may be a mismatch between the currency used in the transaction and the currencies allowed in the payment processing settings.
  
  Solution:
  To resolve the FKKPREP428 error, you can take the following steps:
  
  
  Check Currency Configuration:
  
  Go to the transaction code OB08 to check the currency settings in your SAP system.
  Ensure that the currency in question is defined and active in the system.
  
  
  
  Review Payment Method Configuration:
  
  Use transaction code FBZP to access the payment method configuration.
  Verify that the payment method you are using is configured to accept the currency in question.
  
  
  
  Adjust Payment Transaction Settings:
  
  Check the settings for the specific payment transaction you are trying to process. Ensure that the currency is included in the allowed currencies for that transaction.
  
  
  
  Consult with SAP Basis or Functional Team:
  
  If you do not have the necessary permissions to make changes, consult with your SAP Basis or functional team to ensure that the currency is properly configured for payment processing.
  
  
  
  Testing:
  
  After making the necessary changes, test the payment transaction again to ensure that the error is resolved.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  OB08: Maintain exchange rates and currency settings.
  FBZP: Configuration of payment methods.
  
  
  
  Documentation:
  
  Refer to SAP Help documentation for detailed information on configuring currencies and payment methods in the FI-CA module.
  
  
  
  Support:
  
  If the issue persists after checking the configurations, consider reaching out to SAP support for further assistance.
  
  
  
  By following these steps, you should be able to resolve the FKKPREP428 error and successfully process payment transactions in the specified currency.