How To Fix PFM_1148 - Total of the registered values is higher than the total contract value

SAP Error Message - Details

• Message type: E = Error

• Message class: PFM_1 - Message class for POCLIS

• Message number: 148

• Message text: Total of the registered values is higher than the total contract value

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message PFM_1148 - Total of the registered values is higher than the total contract value ?

  The SAP error message PFM_1148, which states "Total of the registered values is higher than the total contract value," typically occurs in the context of contract management within SAP, particularly when dealing with contract values and their associated registered values (such as invoices, purchase orders, or other financial commitments).
  Cause:
  This error arises when the cumulative value of all registered items (e.g., invoices or commitments) exceeds the total value specified in the contract. This can happen due to several reasons:
  
  Incorrect Data Entry: Values may have been incorrectly entered or updated in the system.
  Multiple Registrations: Multiple entries or registrations against the same contract may have been made, leading to an over-commitment.
  Contract Modifications: Changes to the contract value may not have been reflected in the registered values.
  Currency Issues: If there are currency conversions involved, discrepancies may arise due to exchange rate fluctuations.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Review Registered Values: Check the registered values against the contract. Ensure that all entries are correct and that there are no duplicates or erroneous entries.
  
  
  Check Contract Value: Verify the total contract value to ensure it is accurate and reflects any recent changes or amendments.
  
  
  Adjust Registered Values: If the registered values exceed the contract value, you may need to adjust or reverse some of the entries to bring them in line with the contract.
  
  
  Update Contract: If the contract value needs to be increased to accommodate the registered values, you may need to amend the contract accordingly.
  
  
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on handling contract management and registered values.
  
  
  Involve Relevant Stakeholders: If necessary, involve finance or contract management teams to ensure that all entries are valid and that the contract reflects the correct financial commitments.
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP for contract management, such as ME33K (Display Contract) or ME32K (Change Contract).
  SAP Notes: Check for any SAP Notes related to this error message for additional insights or patches that may address known issues.
  User Roles: Ensure that users have the appropriate roles and permissions to make changes to contracts and registered values.
  Training: Consider training for users involved in contract management to minimize data entry errors and improve understanding of the contract lifecycle.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.