How To Fix FT134 - Clearing acct only allowed for an outgoing bill of exch.pmnt

SAP Error Message - Details

• Message type: E = Error

• Message class: FT - FI Table Maintenance Error Messages

• Message number: 134

• Message text: Clearing acct only allowed for an outgoing bill of exch.pmnt

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FT134 - Clearing acct only allowed for an outgoing bill of exch.pmnt ?

  The SAP error message FT134 ("Clearing account only allowed for an outgoing bill of exchange payment") typically occurs in the context of financial transactions involving bills of exchange. This error indicates that there is an issue with the configuration or the transaction type being processed.
  Cause:
  
  
  Transaction Type: The error usually arises when you are trying to process a payment that is not recognized as an outgoing bill of exchange payment. This could happen if the payment method or the document type does not align with the expected parameters for a bill of exchange.
  
  
  Configuration Issues: The clearing account may not be properly configured in the system for the specific transaction type you are trying to execute. This can include settings in the payment configuration or the account determination settings.
  
  
  Document Type: The document type used for the transaction may not be set up to allow for clearing accounts in the context of outgoing bills of exchange.
  
  
  Solution:
  
  
  Check Payment Method: Ensure that the payment method you are using is appropriate for outgoing bills of exchange. You may need to adjust the payment method settings in the configuration.
  
  
  Review Document Type Configuration: Verify that the document type associated with the transaction is configured to allow for clearing accounts. This can be done in the SAP configuration settings (transaction code SPRO).
  
  
  Adjust Account Determination: Check the account determination settings for the payment method and ensure that the clearing account is correctly assigned for outgoing bill of exchange payments.
  
  
  Transaction Type Validation: Make sure that the transaction you are trying to execute is indeed an outgoing bill of exchange payment. If it is not, you may need to use a different transaction type or method.
  
  
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on configuring bills of exchange and clearing accounts.
  
  
  Testing: After making any changes, perform a test transaction to ensure that the error does not reoccur.
  
  
  Related Information:
  
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance on configuration.
  
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as:
  
  SPRO: For configuration settings.
  FB60/FB70: For entering vendor/customer invoices.
  F-53/F-58: For processing payments.
  
  
  
  User Roles and Authorizations: Ensure that the user executing the transaction has the necessary authorizations to perform the actions related to bills of exchange.
  
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a consultant who specializes in SAP Financials for further assistance.