How To Fix RQ374 - Activate the Cash Management update first

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 374

• Message text: Activate the Cash Management update first

What causes this issue?

The planning data is to be set up . However, the update is not yet
activate in this company code.

How to fix this error?

First, activate the update for CM&F. You can do this under the first
point in this transaction, "Activate Company Code".

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message RQ374 - Activate the Cash Management update first ?

  The SAP error message RQ374, which states "Activate the Cash Management update first," typically occurs when there is an attempt to use certain functionalities related to Cash Management without having the necessary updates or configurations activated in the system.
  Cause:
  The error is generally caused by one of the following reasons:
  
  Cash Management Not Activated: The Cash Management functionality has not been activated in the system. This is a prerequisite for using certain features related to cash management.
  Configuration Issues: There may be incomplete or incorrect configuration settings in the Cash Management module.
  Missing Authorizations: The user may not have the necessary authorizations to access or activate the Cash Management functionalities.
  
  Solution:
  To resolve the RQ374 error, you can follow these steps:
  
  
  Activate Cash Management:
  
  Go to the SAP Easy Access screen.
  Navigate to the following path: SPRO -> SAP Reference IMG -> Financial Accounting (New) -> Cash Management -> Basic Settings.
  Ensure that the Cash Management update is activated. You may need to follow the specific steps outlined in the configuration guide for your version of SAP.
  
  
  
  Check Configuration:
  
  Review the configuration settings for Cash Management to ensure that all necessary components are properly set up.
  Make sure that the relevant customizing settings are completed, including settings for liquidity forecasting, cash position, and bank account management.
  
  
  
  User Authorizations:
  
  Check if the user encountering the error has the necessary authorizations to access Cash Management functionalities.
  If not, work with your SAP security team to grant the required permissions.
  
  
  
  Consult Documentation:
  
  Refer to the official SAP documentation or help guides for Cash Management to ensure that all steps have been followed correctly.
  
  
  
  System Restart:
  
  In some cases, a system restart or a refresh of the session may be required after making changes to the configuration.
  
  
  
  Related Information:
  
  SAP Notes: Check SAP Notes related to Cash Management for any known issues or additional guidance. You can search for relevant notes in the SAP Support Portal.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OBB2 (for activating Cash Management) and FSP0 (for Cash Management settings).
  Training and Support: If you are new to Cash Management in SAP, consider seeking training or support from experienced colleagues or SAP consultants.
  
  By following these steps, you should be able to resolve the RQ374 error and successfully activate the Cash Management update in your SAP system.