How To Fix FM703 - > Acct.& & (sub-acct &) has no balance which can be dunned: &

SAP Error Message - Details

• Message type: E = Error

• Message class: FM - Dunning Notices

• Message number: 703

• Message text: > Acct.& & (sub-acct &) has no balance which can be dunned: &

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message FM703 - > Acct.& & (sub-acct &) has no balance which can be dunned: & ?

  The SAP error message FM703 indicates that there is an issue with the account and sub-account specified in the dunning process. Specifically, it means that the account does not have a balance that can be dunned, which means there are no outstanding amounts that can be collected through the dunning process.
  Cause:
  
  No Outstanding Balance: The primary cause of this error is that the specified account and sub-account do not have any outstanding balance. This could be because the account is fully paid or there are no invoices due.
  Incorrect Account/Sub-account: The account or sub-account specified in the dunning run may be incorrect or not set up properly.
  Dunning Configuration: The dunning configuration may not be set up to allow dunning for this specific account or sub-account.
  Cleared Items: All items related to the account may have been cleared, meaning there are no items left to dunning.
  
  Solution:
  
  Check Account Balance: Verify the account and sub-account to ensure that there are outstanding amounts that can be dunned. You can do this by checking the account balance in the relevant transaction (e.g., FBL1N for vendor accounts or FBL5N for customer accounts).
  Review Dunning Configuration: Ensure that the dunning configuration is set up correctly for the account type. Check the dunning procedure assigned to the account and ensure it is appropriate for the account's status.
  Correct Account/Sub-account: If the account or sub-account is incorrect, correct it in the dunning run settings and re-run the dunning process.
  Check for Cleared Items: If all items have been cleared, there will be no balance to dunning. In this case, no further action is needed unless there are new outstanding items.
  Consult Documentation: Review SAP documentation or consult with your SAP support team for specific configurations related to dunning processes.
  
  Related Information:
  
  Dunning Process: The dunning process in SAP is used to remind customers or vendors of overdue payments. It involves generating dunning notices based on the outstanding balances.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as:
  
  F150: Dunning run
  FBL1N: Vendor line items
  FBL5N: Customer line items
  
  
  Dunning Procedure: Each account can be assigned a dunning procedure that defines how dunning is handled, including thresholds for dunning levels and the frequency of dunning notices.
  
  If the issue persists after checking these aspects, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in financial accounting within SAP.