How To Fix >3261 - Payment medium ID &1 in company code &2, country &3 does not exist

>3261 - Overview

• Message type: E = Error

• Message class: >3 - Lock management messages

• Message number: 261

• Message text: Payment medium ID &1 in company code &2, country &3 does not exist

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 >3261 - Payment medium ID &1 in company code &2, country &3 does not exist ?

  The SAP error message "Payment medium ID &1 in company code &2, country &3 does not exist" (error code 3261) typically occurs when you are trying to generate a payment medium (like a bank transfer file) in SAP, but the system cannot find the specified payment medium ID for the given company code and country.
  
  Cause:
  
  Missing Payment Medium ID: The specified payment medium ID has not been defined in the system for the given company code and country.
  Incorrect Configuration: The payment medium ID may be incorrectly configured or not assigned to the relevant company code or country.
  Typographical Error: There may be a typo in the payment medium ID, company code, or country code when you are trying to execute the payment run.
  Transport Issues: If the configuration was recently transported from another system, it may not have been properly imported or activated.
  
  
  Solution:
  
  
  Check Payment Medium Configuration:
  
  Go to the transaction code OBPM1 (or FBZP