How To Fix 5V533 - No entries in field IBAN or BIC for company &1. Entries are mandatory.

5V533 - Overview

• Message type: E = Error

• Message class: 5V - HR: Messages for Belgium

• Message number: 533

• Message text: No entries in field IBAN or BIC for company &1. Entries are mandatory.

What causes this issue?

As of year 2011, it is mandatory to declare the IBAN and BIC codes
on Educational Leave Reimbursements forms.

System Response

The system could not find any entries in these fields for the company
&v1&. Therefore, these fields are empty in the form.

How to fix this error?

Enter the IBAN and BIC (SWIFT) codes for the company &v1&. For this,
refer to the Customizing activity <DS:SIMG.OHABUM14B><ZK>Maintain
Personnel Subareas and Company Codes</></>.

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

Error message extract from SAP system. Copyright SAP SE.

5V533 - Details

• The SAP error message 5V533 indicates that there are no entries in the IBAN (International Bank Account Number) or BIC (Bank Identifier Code) fields for a specific company code in the system. This error typically arises when you are trying to process a payment or perform a transaction that requires banking information, and the necessary details are missing.
  
  Cause:
  
  Missing IBAN/BIC Information: The company code specified does not have the required IBAN or BIC information maintained in the system.
  Incorrect Configuration: The configuration for the bank details may not have been set up correctly in the vendor or customer master data.
  Data Entry Error: There may have been an oversight during data entry, leading to the omission of these critical fields.
  
  
  Solution:
  To resolve this error, you need to ensure that the IBAN and BIC fields are populated for the relevant company code. Here are the steps to do this:
  
  
  Access the Company Code Data:
  
  Go to the