How To Fix 1Q550 - &1 Account &2: No business partner found with role account holder

1Q550 - Overview

• Message type: E = Error

• Message class: 1Q - Messages In-House Banking

• Message number: 550

• Message text: &1 Account &2: No business partner found with role account holder

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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message 1Q550 - &1 Account &2: No business partner found with role account holder ?

  The SAP error message 1Q550 indicates that there is an issue with the business partner (BP) configuration related to an account. Specifically, the message states that no business partner was found with the role of "account holder" for the specified account.
  
  Cause:
  This error typically occurs due to one of the following reasons:
  
  Missing Business Partner: The business partner associated with the account does not exist in the system.
  Incorrect Role Assignment: The business partner exists, but it does not have the required role (in this case, "account holder") assigned to it.
  Data Inconsistency: There may be inconsistencies in the data, such as the account not being properly linked to the business partner.
  
  Configuration Issues: The configuration settings for business partners or account roles may not be set up correctly.
  
  
  Solution:
  To resolve this error, you can follow these steps:
  
  
  Check Business Partner Existence:
  
  Go to the Business Partner transaction (e.g., BP) and verify if the business partner associated with