How To Fix FQ461 - Petty amount limit for currency &2 and revenue type &1 missing

SAP Error Message - Details

• Message type: E = Error

• Message class: FQ - Payment Requests and Payment Program

• Message number: 461

• Message text: Petty amount limit for currency &2 and revenue type &1 missing

What causes this issue?

In the Customizing of <ZK>Funds Management Government</>, no entry was
defined for revenue type &v1& and currency &v2& in step
<DS:SIMG._ISPSFM_V_PSO53>Define Petty Amount Limits</>.

System Response

The program cannot use the petty amount rule for the processed
documents.

How to fix this error?

Enter revenue type &v1& and currency &v2& in Customizing. If you do not
want to enter this revenue type in the table, maintain an entry with the
revenue type '*' and the currency &v2&.

Procedure for System Administrators

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FQ461 - Petty amount limit for currency &2 and revenue type &1 missing ?

  The SAP error message FQ461 indicates that there is a missing petty amount limit for a specific currency and revenue type in the system. This error typically arises in the context of financial transactions, particularly when dealing with petty cash or small amounts that need to be processed.
  Cause:
  The error occurs when:
  
  The system is trying to process a transaction involving a petty amount in a specific currency and revenue type.
  There is no defined petty amount limit for that currency and revenue type in the configuration settings.
  
  Solution:
  To resolve the FQ461 error, you need to define the petty amount limit for the relevant currency and revenue type. Here are the steps to do this:
  
  
  Access the Configuration Settings:
  
  Go to the SAP Easy Access screen.
  Navigate to the following path: SPRO -> SAP Reference IMG -> Financial Accounting (New) -> Accounts Receivable and Accounts Payable -> Business Transactions -> Incoming Payments -> Define Petty Amount Limits.
  
  
  
  Define Petty Amount Limits:
  
  In the configuration screen, you will see options to define petty amount limits.
  Select the appropriate currency and revenue type for which the limit is missing.
  Enter the petty amount limit that you want to set for that combination.
  
  
  
  Save the Configuration:
  
  After entering the necessary details, save your changes.
  
  
  
  Test the Transaction:
  
  After configuring the petty amount limit, try to process the transaction again to see if the error persists.
  
  
  
  Related Information:
  
  Petty Cash Management: This error is related to the management of petty cash transactions, which are typically small, everyday expenses that do not require formal purchase orders.
  Configuration Tables: The petty amount limits are usually stored in specific configuration tables in SAP. If you have access, you can check these tables to see if the limits are set correctly.
  User Roles and Authorizations: Ensure that you have the necessary authorizations to make changes to the configuration settings. If not, you may need to contact your SAP administrator.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or refer to SAP documentation for further troubleshooting.