How To Fix FQ264 - Revenue type &1 is defined for posting informat. for small amounts

SAP Error Message - Details

• Message type: E = Error

• Message class: FQ - Payment Requests and Payment Program

• Message number: 264

• Message text: Revenue type &1 is defined for posting informat. for small amounts

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FQ264 - Revenue type &1 is defined for posting informat. for small amounts ?

  The SAP error message FQ264 indicates that there is an issue with the revenue type defined for posting information related to small amounts. This error typically arises in the context of financial accounting and revenue recognition processes within SAP.
  Cause:
  The error message FQ264 is triggered when the system encounters a revenue type that is not properly configured to handle small amounts. This can happen due to several reasons:
  
  Configuration Issues: The revenue type may not be set up correctly in the system, particularly in relation to the handling of small amounts.
  Posting Rules: The posting rules for the revenue type may not allow for small amounts, leading to this error when such amounts are processed.
  Master Data Issues: The master data associated with the revenue type may be incomplete or incorrectly defined.
  
  Solution:
  To resolve the FQ264 error, you can take the following steps:
  
  
  Check Configuration:
  
  Go to the configuration settings for the revenue type in the SAP system (Transaction code: SPRO).
  Navigate to the relevant section for revenue types and ensure that the settings for small amounts are correctly defined.
  
  
  
  Review Posting Rules:
  
  Verify the posting rules associated with the revenue type. Ensure that they allow for the posting of small amounts.
  Adjust the rules if necessary to accommodate small amounts.
  
  
  
  Update Master Data:
  
  Check the master data for the revenue type in question. Ensure that all required fields are filled out correctly and that the revenue type is properly linked to the relevant accounts.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources related to revenue types and small amount postings for additional guidance.
  
  
  
  Testing:
  
  After making the necessary changes, perform a test transaction to ensure that the error no longer occurs.
  
  
  
  Seek Help from SAP Support:
  
  If the issue persists after checking the configuration and master data, consider reaching out to SAP support for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as SPRO (for configuration), FBL1N (for vendor line items), and FBL3N (for G/L account line items) to help diagnose the issue.
  SAP Notes: Check for any SAP Notes related to error FQ264, as they may provide specific fixes or patches that address this issue.
  User Forums: Engage with SAP community forums or user groups where similar issues may have been discussed, and solutions shared.
  
  By following these steps, you should be able to identify and resolve the cause of the FQ264 error in your SAP system.