How To Fix 1K521 - Bank area &1, Acct &2: Error when fetching bank statement periodicity

1K521 - Overview

• Message type: E = Error

• Message class: 1K - BCA: Account Type

• Message number: 521

• Message text: Bank area &1, Acct &2: Error when fetching bank statement periodicity

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message 1K521 - Bank area &1, Acct &2: Error when fetching bank statement periodicity ?

  The SAP error message 1K521 indicates that there is an issue with fetching the bank statement periodicity for a specific bank area and account. This error typically arises in the context of bank accounting and can be related to configuration or data issues.
  
  Cause:
  
  
  Configuration Issues: The bank area or account may not be properly configured in the system. This could include missing or incorrect settings in the bank master data or the bank statement configuration.
  Missing Data: The periodicity settings for the bank statement may not be defined for the specified bank area and account.
  Authorization Issues: The user may not have the necessary authorizations to access the bank statement data for the specified bank area and account.
  Technical Issues: There could be underlying technical issues, such as problems with the database or the application server.
  
  
  Solution:
  
  
  Check Configuration:
  
  Go to the transaction code OBBA (for bank area configuration) and verify that the bank area is correctly