How To Fix 67_LOAN202 - Payment method &1 is not maintained for company code &2

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 202

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

What causes this issue?

Payment method &V1& is not defined for company code &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 company code &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_LOAN202 - Payment method &1 is not maintained for company code &2 ?

  The SAP error message 67_LOAN202 indicates that a payment method has not been maintained for a specific company code in the context of loan processing. This error typically arises when trying to process a payment or transaction that requires a defined payment method, but the system cannot find one for the specified company code.
  Cause:
  
  Missing Payment Method Configuration: The payment method specified in the transaction is not set up for the company code in question.
  Incorrect Payment Method: The payment method being used may not be valid for the type of transaction or loan being processed.
  Company Code Not Configured: The company code may not have been properly configured in the system for the relevant payment methods.
  
  Solution:
  To resolve this error, you need to maintain the payment method for the specified company code. Here are the steps to do this:
  
  
  Access the Configuration:
  
  Go to the SAP Easy Access screen.
  Navigate to the following path: 
  Financial Accounting (FI) -> Accounts Receivable and Accounts Payable -> Payment Transactions -> Payment Methods -> Define Payment Methods for Company Code
  
  
  
  
  Define Payment Method:
  
  Select the relevant company code.
  Check if the payment method in question is listed. If it is not, you will need to create or maintain it.
  If it is listed but not configured correctly, you may need to adjust the settings.
  
  
  
  Create/Modify Payment Method:
  
  If creating a new payment method, ensure you fill in all required fields, including the payment method key, description, and any other relevant settings.
  If modifying, ensure that the payment method is correctly linked to the company code and that all necessary parameters are set.
  
  
  
  Save Changes: After making the necessary changes, save your configuration.
  
  
  Test the Transaction: After maintaining the payment method, try to execute the transaction again to see if the error persists.
  
  
  Related Information:
  
  Transaction Codes: You may use transaction codes like OBPM1 (for defining payment methods) or OBVCU (for company code settings) to access the relevant configuration screens directly.
  Documentation: Refer to SAP Help documentation for detailed guidance on payment method configuration and related settings.
  User Roles: Ensure that you have the necessary authorizations to make changes to payment methods and company code settings.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or check for any additional configuration settings that may be affecting the payment method availability.