How To Fix 1FA121 - Define payment details for the account holder

SAP Error Message - Details

• Message type: E = Error

• Message class: 1FA - Betragskündigungen und Freibeträge

• Message number: 121

• Message text: Define payment details for the account holder

What causes this issue?

According to the customizing settings, only the payment details of the
account holder are to be used for the product &v1& (bank area &v2&).
However, you have not defined any payment details for business partner
&v3&.

Error message extract from SAP system. Copyright SAP SE.

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• What is the cause and solution for SAP error message 1FA121 - Define payment details for the account holder ?

  The SAP error message 1FA121 ("Define payment details for the account holder") typically occurs when there is a missing configuration related to payment details for a specific account holder in the SAP system. This error is often encountered in the context of financial transactions, such as when processing payments or setting up payment methods for vendors or customers.
  Cause:
  The error is usually caused by one of the following reasons:
  
  Missing Payment Details: The account holder (vendor or customer) does not have the necessary payment details defined in the system.
  Incomplete Master Data: The master data for the vendor or customer may be incomplete, lacking necessary information such as bank details, payment methods, or payment terms.
  Configuration Issues: There may be issues with the configuration settings in the payment processing area of SAP.
  
  Solution:
  To resolve the error, you can follow these steps:
  
  
  Check Master Data:
  
  Go to the vendor or customer master data transaction (e.g., FK02 for vendors or FD02 for customers).
  Verify that all required payment details are filled in, including:
  
  Bank account information
  Payment method
  Payment terms
  
  
  If any information is missing, complete the necessary fields and save the changes.
  
  
  
  Define Payment Details:
  
  Navigate to the relevant configuration settings in the SAP system.
  Use transaction code OBPM1 to define payment methods for the account holder.
  Ensure that the payment method is correctly assigned to the vendor or customer.
  
  
  
  Check Payment Program Configuration:
  
  If the issue persists, check the configuration of the payment program (transaction code FBZP).
  Ensure that the payment methods and bank details are correctly set up for the company code and payment run.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help files for additional guidance on setting up payment details and resolving related errors.
  
  
  
  Testing:
  
  After making the necessary changes, perform a test transaction to ensure that the error no longer occurs.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  FK02: Change Vendor Master Data
  FD02: Change Customer Master Data
  FBZP: Payment Program Configuration
  OBPM1: Define Payment Methods for Vendors/Customers
  
  
  
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to this error message.
  
  
  User Roles and Authorizations: Ensure that the user has the necessary authorizations to make changes to vendor or customer master data.
  
  
  By following these steps, you should be able to resolve the error message 1FA121 and ensure that the payment details for the account holder are correctly defined in the SAP system.