How To Fix 67_LOAN_PAY158 - Error in payment method selection - see long text

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 158

• Message text: Error in payment method selection - see long text

What causes this issue?

An error has occured when selecting the payment method for the current
flow record. Either the payment method you specified does not exist or
the type of payment method is not compatible with the activity category
of the flow in question.

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?

Check whether the payment method has been assigned to the business
partner. To do this, you can branch to the relevant contract for the
business operation using the button <ZK>Display Contract</>. Here you
can have the system display the payment methods assigned to the
business partner in the <ZK>Partner Data</>.
If there is no payment method permitted for the payment of the business
operation assigned to the business partner, cancel the processing of
the business operation and add the missing payment method to the
partner data. You can then enter the business operation with the
payment method required.
Check also whether the activity category for the flow (debit postition,
for example) is compatible with the payment method. (A payment method
for incoming payments is needed for the activity category debit
postition.)

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_PAY158 - Error in payment method selection - see long text ?

  The SAP error message 67_LOAN_PAY158 typically indicates an issue with the payment method selection in the context of loan payments. This error can arise in various scenarios, such as during the processing of loan payments or when executing payment runs.
  Cause:
  The error message usually occurs due to one or more of the following reasons:
  
  Invalid Payment Method: The payment method specified for the loan payment may not be valid or configured correctly in the system.
  Missing Configuration: The payment method may not be set up for the specific loan type or transaction.
  Inconsistent Data: There may be inconsistencies in the master data related to the loan or the payment method.
  Authorization Issues: The user may not have the necessary authorizations to use the specified payment method.
  Payment Method Not Assigned: The payment method may not be assigned to the relevant company code or business area.
  
  Solution:
  To resolve the 67_LOAN_PAY158 error, you can follow these steps:
  
  
  Check Payment Method Configuration:
  
  Go to the configuration settings for payment methods in SAP (Transaction code: OBPM1 for payment method configuration).
  Ensure that the payment method is correctly defined and assigned to the relevant company code and transaction type.
  
  
  
  Review Loan Master Data:
  
  Check the loan master data to ensure that the payment method is correctly assigned.
  Verify that all required fields are filled out correctly.
  
  
  
  Validate User Authorizations:
  
  Ensure that the user executing the transaction has the necessary authorizations to use the specified payment method.
  
  
  
  Consult Long Text:
  
  The error message may have a long text that provides additional details about the issue. You can view this by clicking on the error message or using the message documentation feature in SAP.
  
  
  
  Test with Different Payment Methods:
  
  If possible, try using a different payment method to see if the issue persists. This can help identify if the problem is specific to a particular payment method.
  
  
  
  Check for System Notes or Updates:
  
  Sometimes, SAP releases notes or updates that address specific issues. Check the SAP Support Portal for any relevant notes related to this error.
  
  
  
  Contact SAP Support:
  
  If the issue persists after trying the above steps, consider reaching out to SAP support for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as F110 (Automatic Payment Transactions) and F-53 (Post Outgoing Payments) for processing payments.
  Documentation: Review SAP documentation related to payment methods and loan processing for additional insights.
  Community Forums: Engage with SAP community forums or user groups where similar issues may have been discussed.
  
  By following these steps, you should be able to identify and resolve the cause of the 67_LOAN_PAY158 error in SAP.