How To Fix FZ612 - > Payment method not defined for outgoing payments of items due later

SAP Error Message - Details

• Message type: E = Error

• Message class: FZ - Payment Transactions

• Message number: 612

• Message text: > Payment method not defined for outgoing payments of items due later

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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FZ612 - > Payment method not defined for outgoing payments of items due later ?

  The SAP error message FZ612 indicates that there is no payment method defined for outgoing payments related to items that are due later. This typically occurs when you are trying to process a payment for an invoice or a document that has a payment term that does not match any defined payment method in the system.
  Cause:
  
  Missing Payment Method: The payment method for outgoing payments is not defined in the configuration for the specific company code or payment type.
  Payment Terms: The payment terms associated with the invoice or document may not have a corresponding payment method defined.
  Configuration Issues: There may be issues in the configuration settings for payment methods in the financial accounting module.
  
  Solution:
  To resolve the FZ612 error, you can follow these steps:
  
  
  Check Payment Method Configuration:
  
  Go to the transaction code OBPM1 (for payment methods) or FBZP (for payment program configuration).
  Ensure that the payment method you are trying to use is defined for the relevant company code and is set up for outgoing payments.
  
  
  
  Define Payment Method:
  
  If the payment method is not defined, you can create it by going to OBPM1 and entering the necessary details for the payment method.
  Make sure to assign the payment method to the appropriate payment terms.
  
  
  
  Review Payment Terms:
  
  Check the payment terms associated with the invoice or document. You can do this by going to the relevant document and reviewing the payment terms field.
  Ensure that the payment terms are correctly set up to allow for the payment method you wish to use.
  
  
  
  Check Vendor Master Data:
  
  Go to the vendor master data (transaction code XK03) and check if the payment method is defined for the vendor in question.
  If not, you may need to update the vendor master data to include the appropriate payment method.
  
  
  
  Consult Documentation:
  
  If you are unsure about the configuration, refer to SAP documentation or consult with your SAP administrator or functional consultant for guidance.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  FBZP: Payment Program Configuration
  OBPM1: Define Payment Methods
  XK03: Display Vendor Master Data
  
  
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to payment methods and configurations.
  User Roles: Ensure that you have the necessary authorizations to make changes to payment methods and vendor master data.
  
  By following these steps, you should be able to resolve the FZ612 error and successfully process your outgoing payments.