Message type: E = Error
Message class: RECD -
Message number: 242
Message text: No posting term found on &1
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RECD242
- No posting term found on &1 ?The SAP error message RECD242 "No posting term found on &1" typically occurs in the context of financial transactions, particularly when dealing with accounts receivable or accounts payable. This error indicates that the system cannot find a valid posting term for the specified document or transaction.
Cause: Missing Posting Term: The most common cause is that the posting term (which defines the payment terms for a transaction) is not maintained in the system for the relevant customer or vendor. Incorrect Configuration: The configuration settings for posting terms may not be set up correctly in the system. Data Inconsistency: There may be inconsistencies in the master data for customers or vendors, leading to the absence of a posting term. Document Type Issues: The document type being used may not be associated with a valid posting term.
Solution: Check Master Data: Go to the customer or vendor master data and verify if the posting term is maintained correctly. You can do
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