How To Fix EI516 - A different bank is already indicated as being the opening bank

EI516 - Overview

• Message type: E = Error

• Message class: EI - Foreign Trade: Gen. Output

• Message number: 516

• Message text: A different bank is already indicated as being the opening bank

What causes this issue?

Only one bank per bank indicator can be indicated as an "opening bank".

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

System Response

The system sets the switch back.

How to fix this error?

If you want this bank to be the opening bank, you will have to change
the indicators for all the other banks so that they are no longer open.

Error message extract from SAP system. Copyright SAP SE.

EI516 - Details

• The SAP error message EI516, which states "A different bank is already indicated as being the opening bank," typically occurs in the context of financial transactions, particularly when dealing with bank accounts in SAP. This error indicates that there is a conflict with the bank account information being used in a transaction, specifically regarding the opening bank account.
  
  Cause:
  
  Multiple Bank Accounts: The system has detected that another bank account is already set as the opening bank for the transaction or document you are trying to process.
  
  Configuration Issues: There may be configuration settings in the bank master data or in the transaction settings that are causing this conflict.
  Data Entry Errors: Incorrect data entry when specifying bank details can lead to this error.
  Transaction Type Restrictions: Certain transaction types may have restrictions on which bank accounts can be used as opening banks.
  
  
  Solution:
  
  Check Bank Account Settings: Review the bank account settings in the SAP system