How To Fix 1CO055 - Unable to find correspondence address for BP &1, Bank Area &2, Account &3

SAP Error Message - Details

• Message type: E = Error

• Message class: 1CO - Correspondence Messages

• Message number: 055

• Message text: Unable to find correspondence 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 correspondence address of the
business partner cannot be determined for the combination of
Correspondence Role, Correspondence Type and Address Type.

System Response

The correspondence address will not be updated.

How to fix this error?

Verify the address of the business partner, and confirm that the
combination of the correspondence role, the correspondence type, and the
address type is valid.

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

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 1CO055 - Unable to find correspondence address for BP &1, Bank Area &2, Account &3 ?

  The SAP error message 1CO055 indicates that the system is unable to find a correspondence address for a Business Partner (BP) in a specific bank area and account. This error typically arises in the context of financial transactions, particularly when dealing with bank-related processes.
  Cause:
  The error can occur due to several reasons:
  
  Missing Correspondence Address: The Business Partner (BP) does not have a correspondence address defined in the system for the specified bank area and account.
  Incorrect Configuration: The configuration settings for the Business Partner or the bank area may not be set up correctly.
  Data Inconsistency: There may be inconsistencies or missing data in the Business Partner master data or bank account details.
  Authorization Issues: The user may not have the necessary authorizations to access the correspondence address for the specified BP.
  
  Solution:
  To resolve the error, you can take the following steps:
  
  
  Check Business Partner Master Data:
  
  Go to the Business Partner transaction (e.g., BP) and verify that the BP has a valid correspondence address assigned.
  Ensure that the address is correctly maintained and is active.
  
  
  
  Verify Bank Area and Account:
  
  Check the bank area and account details associated with the Business Partner. Ensure that they are correctly configured and linked to the BP.
  
  
  
  Maintain Correspondence Address:
  
  If the correspondence address is missing, you can add it by navigating to the relevant section in the Business Partner master data and entering the required address details.
  
  
  
  Review Configuration Settings:
  
  Check the configuration settings related to Business Partners and bank accounts in the SAP system. Ensure that all necessary settings are correctly defined.
  
  
  
  Check Authorizations:
  
  Ensure that the user has the necessary authorizations to view and maintain the Business Partner and its associated data.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for additional guidance on managing Business Partner data and resolving related errors.
  
  
  
  Related Information:
  
  Transaction Codes: You may use transaction codes like BP (Business Partner) to manage and view Business Partner details.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  Support: If the issue persists after following the above steps, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  By following these steps, you should be able to identify and resolve the cause of the error message 1CO055 in your SAP system.