M8774 - Down payment clearing amount is greater than creditor amount

SAP Error Message - Details

• Message type: E = Error

• Message class: M8 - Invoice Verification/Valuation

• Message number: 774

• Message text: Down payment clearing amount is greater than creditor amount

What causes this issue?

You want to clear effected down payments when entering an incoming
invoice in logistics invoice verification. However, the total of the
down payments you have entered exceeds the invoice amount that is still
to be settled, after deducting retention, invoice reduction, and cash
discount.

System Response

If the Customizing settings for logistics invoice verification
(transaction OMRM) determine that you get an error message, you cannot
post the invoice document.
If the Customizing settings determine that you get a warning message,
you can post the invoice document together with the down payment
clearing document, even though the total of the down payment amounts
exceeds the gross invoice amount that is still to be settled.

How to fix this error?

Check the down payment clearing amounts that you have entered, and
change them if required.

Procedure for System Administrators

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 M8774 - Down payment clearing amount is greater than creditor amount ?

  The SAP error message M8774, which states "Down payment clearing amount is greater than creditor amount," typically occurs in the context of financial transactions involving down payments and clearing processes. This error indicates that the amount you are trying to clear as a down payment exceeds the total amount that is owed to the creditor (vendor).
  Cause:
  
  Incorrect Down Payment Amount: The down payment amount you are trying to clear is higher than the total amount due to the vendor.
  Data Entry Error: There may have been a mistake in entering the amounts during the transaction.
  Incomplete Invoice Processing: The invoice related to the down payment may not have been fully processed or may have discrepancies.
  Multiple Down Payments: If there are multiple down payments, the total of these may exceed the amount owed.
  Currency Differences: If there are currency conversions involved, discrepancies may arise due to exchange rates.
  
  Solution:
  
  Verify Amounts: Check the down payment amount and the total amount due to the vendor. Ensure that the down payment does not exceed the creditor amount.
  Adjust Down Payment: If the down payment amount is indeed too high, adjust it to match the creditor amount.
  Review Related Invoices: Ensure that all related invoices are correctly processed and that there are no discrepancies.
  Check for Multiple Payments: If there are multiple down payments, ensure that their total does not exceed the amount owed.
  Currency Check: If applicable, verify that currency conversions are correct and that the amounts are being compared in the same currency.
  Consult Documentation: Review SAP documentation or consult with your SAP support team for specific guidance related to your configuration and processes.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as F-54 (Clear Down Payment) or F-43 (Enter Invoice) to manage down payments and invoices.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  User Roles: Ensure that the user has the appropriate permissions to perform down payment clearing transactions.
  Training: Consider training for users involved in financial transactions to minimize data entry errors.
  
  If the issue persists after following these steps, it may be beneficial to engage with your SAP support team or consult with an SAP expert for further troubleshooting.