How To Fix PZ424 - > Pmnt method determin: G/L acct &: no pmnt method defined

PZ424 - Overview

• Message type: E = Error

• Message class: PZ - Messages: Payment program for payment requests

• Message number: 424

• Message text: > Pmnt method determin: G/L acct &: no pmnt method defined

What causes this issue?

Payment methods must be defined in the payment request for G/L account
postings. The item is not processed further in this payment run.

Error message extract from SAP system. Copyright SAP SE.

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• What is the cause and solution for SAP error message PZ424 - > Pmnt method determin: G/L acct &: no pmnt method defined ?

  The SAP error message PZ424 indicates that there is an issue with the payment method determination for a specific General Ledger (G/L) account. The message states that no payment method is defined for the G/L account in question. This typically occurs during the payment processing or when trying to execute a payment run.
  
  Cause:
  
  Missing Payment Method Configuration: The G/L account referenced in the error does not have a payment method assigned in the configuration settings.
  Incorrect Account Assignment: The payment method may not be correctly assigned to the vendor or customer master data.
  Payment Method Not Defined for Company Code: The payment method may not be defined for the specific company code associated with the G/L account.
  Inconsistent Data: There may be inconsistencies in the configuration or master data that prevent the system from determining the correct payment method.
  
  
  Solution:
  To resolve the error, you can follow these steps:
  
  
  Check Payment Method Configuration:
  
  Go to the transaction code