How To Fix 67_LOAN201 - Payment method &1 is not maintained for country &2

SAP Error Message - Details

• Message type: E = Error

• Message class: 67_LOAN - Messages for Fin. Asset Management for Loans - Continued

• Message number: 201

• Message text: Payment method &1 is not maintained for country &2

What causes this issue?

Payment method &V1& is not defined for country &V2& in Customizing.

System Response

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

How to fix this error?

Choose a different payment method using the F4 possible entries
function.
Alternatively, define payment method &V1& for country &V2& in
Customizing by choosing <DS:SIMG.SIMG_CFMENUORFBFBZP>Configure Payment
Program</>.
You can also enter a default payment method for disbursements in
Customizing by choosing <DS:SIMG.PROD_PRO_BUKRS>Company Code-Dependent
Settings for Product Type</>.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 67_LOAN201 - Payment method &1 is not maintained for country &2 ?

  The SAP error message 67_LOAN201 indicates that a payment method has not been maintained for a specific country in the context of loan processing. This error typically arises when the system is trying to process a payment or transaction that requires a specific payment method, but that method has not been configured for the specified country.
  Cause:
  
  Missing Configuration: The payment method specified in the transaction is not set up for the country indicated in the error message.
  Incorrect Payment Method: The payment method being used may not be valid for the country in question.
  Data Entry Error: There may be a mistake in the data entry where the wrong payment method or country code is used.
  
  Solution:
  To resolve this error, you can follow these steps:
  
  
  Check Payment Method Configuration:
  
  Go to the SAP configuration settings (transaction code SPRO).
  Navigate to the relevant section for payment methods (e.g., Financial Accounting > Accounts Receivable > Payment Methods).
  Ensure that the payment method in question is maintained for the specified country.
  
  
  
  Maintain Payment Method for Country:
  
  If the payment method is not maintained, you will need to create or update the configuration.
  Add the payment method for the relevant country by specifying the necessary details (e.g., payment method code, description, etc.).
  
  
  
  Verify Transaction Data:
  
  Check the transaction or document that triggered the error to ensure that the correct payment method and country code are being used.
  Make any necessary corrections to the transaction data.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources for specific instructions on maintaining payment methods for different countries.
  
  
  
  Testing:
  
  After making the necessary changes, test the transaction again to ensure that the error no longer occurs.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as SPRO (for configuration), FB60 (for vendor invoices), or F110 (for automatic payment processing).
  User Roles: Ensure that you have the necessary authorizations to make changes to payment method configurations.
  SAP Notes: Check for any SAP Notes related to this error message for additional guidance or patches that may address the issue.
  
  By following these steps, you should be able to resolve the error message 67_LOAN201 and ensure that the payment method is properly maintained for the specified country.