How To Fix VK294 - No default value could be determined for partial payment

SAP Error Message - Details

• Message type: E = Error

• Message class: VK - Pflege und Bearbeitung von Konditionen

• Message number: 294

• Message text: No default value could be determined for partial payment

What causes this issue?

On the basis of Customizing for the agreement type, no proposal value
could be determined for the partial settlement of a rebate agreement.

System Response

No partial settlement created for the agreements involved.

How to fix this error?

If an automatic partial settlement is to be created, then either 'A'
(payment up to the value of the accrual) or 'B' (payment up to the
value of a pro-forma final settlement) must be used as the manual
payment procedure.

Error message extract from SAP system. Copyright SAP SE.