How To Fix 67_LOAN_PAY150 - Payment method &1 is not available in this country

67_LOAN_PAY150 - Overview

• Message type: E = Error

• Message class: 67_LOAN_PAY - Loans Management: Messages for Payments

• Message number: 150

• Message text: Payment method &1 is not available in this country

What causes this issue?

The specified payment method does not exist in this country.

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?

Select another payment method assigned to the country in the
Customizing settings. If there is no suitable payment method, add an
appropriate one in the Customizing settings.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

67_LOAN_PAY150 - Details

• The SAP error message "67_LOAN_PAY150 Payment method &1 is not available in this country" typically indicates that the payment method specified in the transaction is not configured for the country in which the transaction is being processed. This can occur in various SAP modules, particularly in Financial Accounting (FI) or Treasury and Risk Management (TRM).
  
  Cause:
  
  Configuration Issue: The payment method (denoted by &1 in the error message) has not been set up for the specific country in the SAP system.
  Country-Specific Settings: Payment methods can be country-specific, and if the payment method is not defined for the country code associated with the transaction, this error will occur.
  Master Data Issues: The vendor or customer master data may not have the correct payment method assigned for the specific country.
  
  
  Solution:
  
  
  Check Payment Method Configuration:
  
  Go to the configuration settings in SAP (Transaction code: SPRO).
  Navigate to Financial Accounting (New) > Accounts Receivable and Accounts Payable > Payment Transactions