How To Fix BF00028 - Bank key is obsolete; you can only generate the bank data

SAP Error Message - Details

• Message type: E = Error

• Message class: BF00 - FI: Application base reports

• Message number: 028

• Message text: Bank key is obsolete; you can only generate the bank data

What causes this issue?

For country &V1, the bank key is defined as 'Obsolete' (transaction
0Y17). The 'IBAN without Account Number' function is not supported for
this setting. You can only generate the bank data.

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?

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• What is the cause and solution for SAP error message BF00028 - Bank key is obsolete; you can only generate the bank data ?

  The SAP error message BF00028 indicates that the bank key you are trying to use is marked as obsolete in the system. This typically occurs when the bank key has been flagged for deletion or is no longer valid for transactions. Here’s a breakdown of the cause, potential solutions, and related information:
  Cause:
  
  Obsolete Bank Key: The bank key has been marked as obsolete in the system, meaning it cannot be used for new transactions.
  Data Maintenance: The bank key may have been deactivated or removed during data maintenance activities.
  Configuration Changes: Changes in the bank master data configuration or updates to the bank key status may have led to this error.
  
  Solution:
  
  
  Check Bank Key Status:
  
  Go to the transaction code FI01 (Create Bank Master Data) or FI02 (Change Bank Master Data).
  Enter the bank key and check its status. If it is marked as obsolete, you will need to either reactivate it or create a new bank key.
  
  
  
  Create a New Bank Key:
  
  If the bank key is indeed obsolete and cannot be reactivated, you will need to create a new bank key.
  Use transaction code FI01 to create a new bank master record with a valid bank key.
  
  
  
  Update Related Master Data:
  
  If the obsolete bank key is linked to vendor or customer master records, update those records to use the new bank key.
  Use transaction codes XK02 (Change Vendor) or FD02 (Change Customer) to update the bank details.
  
  
  
  Consult with Your SAP Administrator:
  
  If you are unsure about the status of the bank key or how to proceed, consult with your SAP administrator or the team responsible for maintaining bank master data.
  
  
  
  Related Information:
  
  Bank Master Data: In SAP, bank master data is crucial for processing payments and managing financial transactions. It is important to keep this data up to date.
  Transaction Codes:
  
  FI01: Create Bank Master Data
  FI02: Change Bank Master Data
  FI03: Display Bank Master Data
  XK01: Create Vendor
  XK02: Change Vendor
  FD01: Create Customer
  FD02: Change Customer
  
  
  Documentation: Refer to SAP Help documentation for more details on managing bank master data and understanding the implications of marking bank keys as obsolete.
  
  By following these steps, you should be able to resolve the BF00028 error and ensure that your bank data is correctly maintained in the SAP system.