How To Fix RECD242 - No posting term found on &1


SAP Error Message - Details

  • Message type: E = Error

  • Message class: RECD -

  • Message number: 242

  • Message text: No posting term found on &1

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  • Self-Explanatory Message

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Smart SAP Assistant

  • What is the cause and solution for SAP error message 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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