How To Fix EDEREG_INV493 - Bank details for recipient &1 &2 &3 expected (Country, Bank Key, Account)

SAP Error Message - Details

• Message type: E = Error

• Message class: EDEREG_INV - Error Messages for Payment Management in a Deregulated Env.

• Message number: 493

• Message text: Bank details for recipient &1 &2 &3 expected (Country, Bank Key, Account)

What causes this issue?

The <LS>own bank details</> of the contract account were expected as
bank details. This contract account is entered in the service partner
agreement for your market partner as <LS<contract account for aggregated
bill posting</>.

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 EDEREG_INV493 - Bank details for recipient &1 &2 &3 expected (Country, Bank Key, Account) ?

  The SAP error message EDEREG_INV493 indicates that there is an issue with the bank details for a specific recipient in the system. This error typically arises when the system expects certain bank details (such as country, bank key, and account number) for a recipient but cannot find them or they are incomplete.
  Cause:
  
  Missing Bank Details: The recipient's bank details (country, bank key, account number) are not maintained in the system.
  Incorrect Configuration: The configuration for the payment method or the bank details might be incorrect or incomplete.
  Data Entry Errors: There may be typographical errors or incorrect entries in the recipient's master data.
  Country-Specific Requirements: Different countries have specific requirements for bank details, and the necessary information may not be provided for the recipient's country.
  
  Solution:
  
  
  Check Recipient Master Data:
  
  Go to the recipient's master data (e.g., vendor or customer master) and verify that the bank details are correctly maintained.
  Ensure that the country, bank key, and account number are filled in correctly.
  
  
  
  Maintain Bank Details:
  
  If the bank details are missing, you need to enter them. This can usually be done in the vendor or customer master data transaction (e.g., XK02 for vendors).
  Ensure that the bank details are complete and accurate.
  
  
  
  Review Payment Method Configuration:
  
  Check the configuration for the payment method being used. Ensure that it is set up correctly to handle the bank details for the specific country.
  You can access this configuration in the SAP Customizing Implementation Guide (IMG) under Financial Accounting > Accounts Payable > Payment Transactions > Payment Methods in Country.
  
  
  
  Consult Documentation:
  
  Review any country-specific documentation or guidelines that may provide additional requirements for bank details.
  
  
  
  Test the Changes:
  
  After making the necessary changes, test the transaction again to see if the error persists.
  
  
  
  Related Information:
  
  
  Transaction Codes: 
  
  XK02 (Change Vendor)
  XD02 (Change Customer)
  OBPM1 (Payment Methods)
  
  
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance.
  
  
  User Roles: Ensure that the user has the necessary authorizations to view and edit bank details in the master data.
  
  
  By following these steps, you should be able to resolve the EDEREG_INV493 error and ensure that the recipient's bank details are correctly maintained in the SAP system.