How To Fix 1CO054 - Unable to find bank statement address for BP &1, Bank Area &2, Account &3

1CO054 - Overview

• Message type: E = Error

• Message class: 1CO - Correspondence Messages

• Message number: 054

• Message text: Unable to find bank statement address for BP &1, Bank Area &2, Account &3

What causes this issue?

You want to create a correspondence address for Account &V3& belonging
to the Business Partner &V1&. However, the bank statement address of the
business partner cannot be determined.

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

System Response

The correspondence address for the account will not be updated.

How to fix this error?

Verify the address of the business partner.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 1CO054 - Unable to find bank statement address for BP &1, Bank Area &2, Account &3 ?

  The SAP error message 1CO054 indicates that the system is unable to find the bank statement address for a specific Business Partner (BP), Bank Area, and Account. This error typically arises in the context of bank statement processing in SAP, particularly when dealing with electronic bank statements or reconciliation processes.
  
  Cause:
  The error can occur due to several reasons:
  
  Missing or Incorrect Configuration: The bank account may not be properly configured in the system, or the relationship between the Business Partner and the bank account may not be established correctly.
  Missing Bank Statement Address: The system cannot find the address associated with the bank statement for the specified Business Partner and Bank Area.
  Data Inconsistency: There may be inconsistencies in the data related to the Business Partner, Bank Area, or Account.
  Authorization Issues: The user may not have the necessary authorizations to access the required data.
  
  
  Solution:
  To resolve the error, you can take the following steps:
  
  
  Check Bank