How To Fix LSOPV747 - Participation fee will be used since no net amount exists

SAP Error Message - Details

• Message type: E = Error

• Message class: LSOPV - Training Management (Copy of Message Class PV)

• Message number: 747

• Message text: Participation fee will be used since no net amount exists

What causes this issue?

You are attempting to create a credit memo for the invoice amount (net
amount). This amount does not exist in old billing documents.

System Response

The credit memo will be validated against the participation fee.

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message LSOPV747 - Participation fee will be used since no net amount exists ?

  The SAP error message LSOPV747, which states "Participation fee will be used since no net amount exists," typically occurs in the context of SAP Event Management or SAP Sales and Distribution (SD) when dealing with pricing and billing for events or services. This message indicates that the system is defaulting to a participation fee because it cannot find a net amount for the transaction.
  
  Cause:
  
  Missing Pricing Conditions: The pricing conditions for the transaction may not be set up correctly, leading to the absence of a net amount.
  Incorrect Configuration: The configuration for pricing in the relevant pricing procedure may not be set up to calculate a net amount.
  Data Entry Issues: There may be missing or incorrect data entries in the sales order or event management document that prevent the calculation of the net amount.
  Currency Issues: If there are currency conversion issues or if the currency is not set correctly, it may lead