How To Fix WP734 - Payment type & does not exist


SAP Error Message - Details

  • Message type: E = Error

  • Message class: WP - Messages from POS interface

  • Message number: 734

  • Message text: Payment type & does not exist

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  • Self-Explanatory Message

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    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.

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Smart SAP Assistant

  • What is the cause and solution for SAP error message WP734 - Payment type & does not exist ?
    The SAP error message WP734: Payment type & does not exist typically occurs in the context of payment processing, such as during automatic payment runs or manual payment transactions.
    
    
    Cause: The payment type specified in the transaction or configuration does not exist in the system. This can happen if the payment method (payment type) is not defined or maintained in the relevant customizing settings. It may also occur if the payment type is incorrectly entered or if the configuration for the company code or country is missing or incomplete. Where it occurs: During automatic payment program runs (transaction F110). When posting payments manually or processing payment documents. In customizing settings related to payment methods.
    Solution: Check Payment Method Configuration: Go to SPRO ? Financial Accounting (FI) ? Accounts Receivable and Accounts Payable ? Business Transactions ? Outgoing Payments ? Payment Methods/Bank Selection. Verify that the payment method (payment type) exists for the relevant company code and country. If missing, create or maintain the

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