How To Fix RQ294 - Account &1 is &2 below the minimum balance

SAP Error Message - Details

• Message type: E = Error

• Message class: RQ - Messages for Cash Management and Forecast

• Message number: 294

• Message text: Account &1 is &2 below the minimum balance

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message RQ294 - Account &1 is &2 below the minimum balance ?

  The SAP error message RQ294 indicates that a specific account (denoted by &1) has a balance that is below the minimum required balance (denoted by &2). This error typically occurs in the context of financial transactions, particularly in accounts payable or accounts receivable processes, where maintaining a minimum balance is crucial for compliance or operational reasons.
  Cause:
  
  Insufficient Funds: The account has been debited or has had transactions that reduced its balance below the required minimum.
  Configuration Settings: The minimum balance requirement may have been set up incorrectly in the system configuration.
  Transaction Errors: There may be errors in the transaction entries that led to an unexpected reduction in the account balance.
  Timing Issues: Transactions that are pending or not yet posted may affect the current balance.
  
  Solution:
  
  Review Account Transactions: Check the transaction history for the account to identify any recent debits or adjustments that may have caused the balance to fall below the minimum.
  Adjust Transactions: If there are erroneous transactions, consider reversing or correcting them to restore the account balance.
  Increase Minimum Balance: If appropriate, you may need to adjust the minimum balance requirement in the configuration settings to reflect a more realistic threshold.
  Fund the Account: If the account is intended to maintain a minimum balance, consider transferring funds into the account to meet the requirement.
  Consult Configuration: Review the configuration settings in the SAP system to ensure that the minimum balance is set correctly and aligns with business requirements.
  
  Related Information:
  
  SAP Documentation: Refer to SAP Help documentation for detailed information on managing account balances and error messages.
  Transaction Codes: Use transaction codes like FB03 (Display Document) or FBL1N (Vendor Line Item Display) to review account details and transactions.
  User Roles: Ensure that users have the appropriate roles and permissions to make changes to account settings or to process transactions.
  Support: If the issue persists, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  By following these steps, you should be able to diagnose and resolve the RQ294 error effectively.