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

SAP Error Message - Details

• 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.

Smart SAP Assistant

• What is the cause and solution for SAP error message 67_LOAN_PAY150 - Payment method &1 is not available in this country ?

  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 > Define Payment Methods for Country.
  Ensure that the payment method in question is defined for the relevant country.
  
  
  
  Assign Payment Method to Country:
  
  If the payment method is not available, you may need to create it or assign it to the appropriate country.
  Make sure to specify the necessary parameters for the payment method, such as the payment medium format, bank details, etc.
  
  
  
  Check Master Data:
  
  Review the vendor or customer master data to ensure that the correct payment method is assigned.
  You can check this in the vendor/customer master record (Transaction codes: XK03 for vendors, XD03 for customers).
  
  
  
  Consult Documentation:
  
  Review any relevant documentation or guidelines provided by your organization regarding payment methods and their configurations.
  
  
  
  Testing:
  
  After making the necessary changes, perform a test transaction to ensure that the error no longer occurs.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as SPRO (Customizing), XK03 (Display Vendor), and XD03 (Display Customer).
  SAP Notes: Check SAP Notes for any known issues or additional guidance related to payment methods and country configurations.
  User Roles: Ensure that you have the necessary authorizations to make changes to payment method configurations and master data.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in the relevant module.