1I720 - Item &1 for loss on receivables posted in bank area &2

SAP Error Message - Details

• Message type: E = Error

• Message class: 1I - BCA: General Ledger Integration

• Message number: 720

• Message text: Item &1 for loss on receivables posted in bank area &2

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.

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AnswerBot

• What is the cause and solution for SAP error message 1I720 - Item &1 for loss on receivables posted in bank area &2 ?

  The SAP error message 1I720 indicates that there is a loss on receivables that has been posted in a specific bank area. This error typically arises in the context of financial transactions, particularly when dealing with accounts receivable and bank accounting.
  Cause:
  The error message 1I720 can occur due to several reasons, including:
  
  Incorrect Configuration: The bank area may not be properly configured to handle the specific type of transaction that is being processed.
  Posting Errors: There may be an issue with how the receivables were posted, leading to discrepancies in the amounts.
  Currency Issues: If there are currency conversions involved, discrepancies in exchange rates can lead to losses being recognized incorrectly.
  Data Inconsistencies: There may be inconsistencies in the data related to the receivables or bank transactions, such as missing or incorrect entries.
  
  Solution:
  To resolve the error message 1I720, you can take the following steps:
  
  Check Configuration: Review the configuration settings for the bank area in question. Ensure that it is set up correctly to handle the types of transactions you are processing.
  Review Posting Documents: Examine the posting documents related to the receivables and bank transactions. Look for any discrepancies or errors in the amounts posted.
  Currency Conversion: If applicable, verify the currency conversion rates used in the transactions. Ensure that they are accurate and consistent with the current rates.
  Data Consistency Check: Run a consistency check on the data related to the bank area and receivables. Look for any missing or incorrect entries that may be causing the issue.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on handling this error message. There may be additional troubleshooting steps or configuration settings that need to be adjusted.
  Contact Support: If the issue persists after checking the above points, consider reaching out to SAP support or your internal IT team for further assistance.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes that may help in troubleshooting, such as FB03 (Display Document), FBL5N (Customer Line Item Display), and others related to bank accounting.
  SAP Notes: Check for any SAP Notes related to error message 1I720, as they may provide specific fixes or patches that address known issues.
  User Forums: Engage with SAP user forums or communities where similar issues may have been discussed, and solutions shared.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.