How To Fix FZ723 - > Cash discount of & % does not meet the specified minimum rate of & %

SAP Error Message - Details

• Message type: E = Error

• Message class: FZ - Payment Transactions

• Message number: 723

• Message text: > Cash discount of & % does not meet the specified minimum rate of & %

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 FZ723 - > Cash discount of & % does not meet the specified minimum rate of & % ?

  The SAP error message FZ723 indicates that there is an issue with the cash discount percentage applied to a transaction. Specifically, it means that the cash discount being offered does not meet the minimum rate that has been defined in the system for that particular transaction or vendor.
  Cause:
  
  Minimum Cash Discount Rate: The cash discount percentage applied in the transaction is lower than the minimum cash discount rate set in the vendor master data or in the configuration settings.
  Configuration Settings: The minimum cash discount rate may be configured in the system settings for specific payment terms or vendor groups.
  Vendor Master Data: The vendor master data may have specific cash discount terms that are not being met by the transaction.
  Payment Terms: The payment terms assigned to the invoice may have a minimum cash discount requirement that is not being satisfied.
  
  Solution:
  
  Check Vendor Master Data: Review the vendor master data to verify the minimum cash discount rate set for the vendor. You can do this by navigating to the vendor master record in SAP.
  Review Payment Terms: Check the payment terms assigned to the invoice or transaction. Ensure that the cash discount percentage being applied meets the minimum requirement specified in the payment terms.
  Adjust Cash Discount: If the cash discount percentage is indeed lower than the minimum required, you may need to adjust the cash discount percentage in the transaction to meet the minimum requirement.
  Configuration Settings: If necessary, consult with your SAP configuration team to review and, if appropriate, adjust the minimum cash discount settings in the system configuration.
  Consult Documentation: Refer to SAP documentation or help resources for further details on cash discount settings and how they are configured in your specific SAP environment.
  
  Related Information:
  
  Transaction Codes: You may use transaction codes like FK03 (Display Vendor) or OBB8 (Define Payment Terms) to check vendor details and payment terms.
  SAP Notes: Check for any relevant SAP Notes that may address specific issues or provide updates related to cash discount processing.
  User Exits or BAdIs: If your organization has custom logic implemented, check if there are any user exits or BAdIs that might affect cash discount calculations.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.