3153150 - Error "Provision method does not exist" occurs when performing Provision for Doubtful Receivables

• Attempt to run the job "Provision for Doubtful Receivables" in the "Schedule General Ledger Jobs" App.
• The generic error message FR 600 / FR600 is prompted "Provision method does not exist".

SAP S/4HANA Cloud Public Edition

1. Schedule General Ledger Jobs;
2. Job Template "Provision for Doubtful Receivables";
3. Input parameters;
4. Error message FR600 "Provision method does not exist".

Below will be provided some background information about the involved job templates in order to avoid misunderstandings:

There are two alternatives how to calculate and post provisions for doubtful receivables:

1. Use the app Perform Further Valuations.
   This app is intended for most countries. If familiar with the SAP OnPremise product, SAP ERP: this app is transaction F107.
   
   
   
2. Use the app Schedule General Ledger Jobs to schedule the following to job templates after each other.
   A. Transfer Posting for Doubtful Receivables.
   Technical name is SAP_FIN_TRANSFER_POSTING.
   This job template does a transfer posting of the overdue receivable to account doubtful receivable, technically it posts the receivable to a different reconciliation account (special G/L indicator E). In SAP ERP this is transaction F103, program SAPF103.
   B. After the job a. has finished, schedule the other job template Provisions for Doubtful receivables.
   Technical name is SAP_SFIN_BC_GL_PROV_DOU_RECV.
   This job template calculates and posts the provision.
   
   

The two job templates 2A. and 2B. are intended only for two countries: Spain, France, Portugal and Hungary. That's why provision methods for them can only be available for valuation areas FR (France), ES (Spain) PT (Portugal) and HR( Hungary).

There is no UI available where creating additional valuation methods for 2a. and 2b is possible.

In particular please see;

Prerequisites
The following prerequisites must be met:

• A provision method is available in the system.
• A valuation area is assigned to the provision method.

Provisions for Doubtful Receivables

Transaction /SMB/BBI, V_FAGL_DR_DUE_DT, doubtful, doubtful receivables, Provision for Doubtful Receivables, SAP_FIN_TRANSFER_POSTING, SAP_SFIN_BC_GL_PROV_DOU_RECV , KBA , FI-GL-GL-G-2CL , Closing Operations / Period-End (Public Cloud) , Problem