How To Fix FZ366 - Payment amount & falls short of minimum amount of & &

SAP Error Message - Details

• Message type: E = Error

• Message class: FZ - Payment Transactions

• Message number: 366

• Message text: Payment amount & falls short of minimum amount of & &

What causes this issue?

The total of the items to be paid is smaller than the minimum amount
that must be reached for a payment.

System Response

No payment is created.

How to fix this error?

No special action is necessary. The items are automatically cleared if
the minimum amount is reached in one of the following payment runs.
If there is the chance that you will lose cash discount, you should
clear the items manually and write off the difference or carry it
forward as a residual item.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FZ366 - Payment amount & falls short of minimum amount of & & ?

  The SAP error message FZ366 indicates that a payment amount is less than the minimum amount required for processing. This error typically occurs in the context of payment processing, such as when making vendor payments or customer refunds.
  Cause:
  
  Minimum Payment Amount: The payment amount being processed is below the minimum threshold set in the system. This threshold can be defined in the payment program configuration or in the vendor/customer master data.
  Configuration Settings: The minimum payment amount may be configured in the payment program settings or in the payment terms associated with the vendor or customer.
  Currency Issues: If the payment is being made in a different currency, the conversion rate may result in an amount that is below the minimum threshold when converted to the base currency.
  
  Solution:
  
  Check Payment Amount: Verify the payment amount you are trying to process. Ensure that it meets or exceeds the minimum payment amount defined in the system.
  Review Configuration: 
  
  Go to the payment program configuration (Transaction code: OBPM1 or similar) and check the settings for minimum payment amounts.
  Review the vendor or customer master data (Transaction codes: XK03 for vendors, FD03 for customers) to see if there are any specific minimum payment amounts set.
  
  
  Adjust Payment Terms: If applicable, adjust the payment terms for the vendor or customer to allow for smaller payment amounts.
  Currency Conversion: If the issue is related to currency conversion, check the exchange rates and ensure that the payment amount is sufficient when converted to the base currency.
  Consult Documentation: Refer to SAP documentation or consult with your SAP support team for specific configuration settings related to payment processing.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as:
  
  FBZP: Payment Program Configuration
  F110: Automatic Payment Transactions
  XK03/FD03: Display Vendor/Customer Master Data
  
  
  SAP Notes: Check for any SAP Notes related to payment processing errors for additional guidance or patches.
  User Exits and BAdIs: If custom logic is implemented, check for any user exits or BAdIs that might affect payment processing.
  
  By following these steps, you should be able to identify the cause of the FZ366 error and implement a solution to resolve it.