How To Fix PSM_S4C_FM_MD240 - Account &1 is an A/R reconciliation account for down payments.


PSM_S4C_FM_MD240 - Overview

  • Message type: E = Error

  • Message class: PSM_S4C_FM_MD -

  • Message number: 240

  • Message text: Account &1 is an A/R reconciliation account for down payments.

  • Show details Hide details
  • What causes this issue?

    Account &V1& for company code &V2& is an accounts receivable (A/R)
    reconciliation account and therefore must have budget consumption type
    <LS>Down Payments</> (61.

    System Response

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

    How to fix this error?

    Change the budget consumption type to <LS>Down Payments</> (61).

    Procedure for System Administrators


    Error message extract from SAP system. Copyright SAP SE.


Smart SAP Assistant

  • What is the cause and solution for SAP error message PSM_S4C_FM_MD240 - Account &1 is an A/R reconciliation account for down payments. ?
    The SAP error message PSM_S4C_FM_MD240 indicates that the account specified (denoted as &1 in the message) is an Accounts Receivable (A/R) reconciliation account for down payments. This typically occurs in the context of financial transactions where the system is trying to post a transaction that involves down payments, but the account being used is not suitable for that type of transaction.
    
    Cause: Account Type: The account in question is set up as a reconciliation account for A/R, which means it is used to track customer balances and down payments. However, it may not be configured to handle the specific type of transaction you are trying to post. Transaction Type: The transaction you are attempting to execute may not be compatible with the account type. For example, if you are trying to post a direct expense or revenue transaction to an A/R reconciliation account, the system will prevent this.
    Configuration Issues: There may be configuration

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