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

FZ723 - Overview

• 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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FZ723 - Details

• 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