1J674 - A SEPA order cannot be created for an account not managed in euro

SAP Error Message - Details

• Message type: E = Error

• Message class: 1J - BCA: Payment Order Dialog

• Message number: 674

• Message text: A SEPA order cannot be created for an account not managed in euro

What causes this issue?

You tried to create a payment order or forward order or standing order
with the payment method <ZK>According to SEPA</> . However, you chose an
account that is not managed in the euro currency.

System Response

You cannot create the SEPA order.

How to fix this error?

Choose an account that is managed in the euro currency to create a SEPA
order.

Procedure for System Administrators

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.

AnswerBot

• What is the cause and solution for SAP error message 1J674 - A SEPA order cannot be created for an account not managed in euro ?

  The SAP error message 1J674 indicates that a SEPA (Single Euro Payments Area) order cannot be created for an account that is not managed in euros. This error typically arises when attempting to process a payment or create a SEPA file for an account that is set up in a currency other than the euro.
  Cause:
  
  Currency Mismatch: The account you are trying to use for the SEPA transaction is not denominated in euros. SEPA transactions are specifically designed for euro-denominated accounts.
  Account Configuration: The account may not be configured correctly in the SAP system to support SEPA transactions.
  Payment Method Settings: The payment method used may not be compatible with the currency of the account.
  
  Solution:
  
  Check Account Currency: Verify that the account you are using for the SEPA transaction is indeed a euro-denominated account. If it is not, you will need to use a different account that is managed in euros.
  Adjust Account Settings: If the account should be euro-denominated, check the account settings in SAP to ensure it is configured correctly. This may involve updating the currency settings in the master data for the account.
  Review Payment Method: Ensure that the payment method you are using is set up to handle euro transactions. You may need to adjust the payment method configuration in the SAP system.
  Consult with Finance Team: If you are unsure about the account settings or the appropriate currency, consult with your finance or accounting team to ensure compliance with SEPA regulations.
  
  Related Information:
  
  SEPA Compliance: Ensure that your organization is compliant with SEPA regulations, which require that all transactions be conducted in euros.
  SAP Configuration: Familiarize yourself with the relevant SAP configuration settings for payment processing and SEPA transactions. This may include settings in the Financial Accounting (FI) module.
  Documentation: Refer to SAP documentation or help resources for detailed guidance on configuring accounts for SEPA transactions and troubleshooting related errors.
  
  By addressing the currency issue and ensuring that the account is properly configured, you should be able to resolve the error and successfully create SEPA orders.