How To Fix EI588 - Two different bank functions are marked as "Opening bank"

EI588 - Overview

• Message type: E = Error

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

• Message number: 588

• Message text: Two different bank functions are marked as "Opening bank"

What causes this issue?

Two different bank functions are listed in Customizing as "opening
bank".
This situation is normally not allowed.

System Response

The system rejects further processing.

How to fix this error?

If you have the necessary authorization, change Customizing.
<DS:TRAN.VX54>Execute function</>

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message EI588 - Two different bank functions are marked as "Opening bank" ?

  The SAP error message EI588 indicates that there are two different bank functions marked as "Opening bank" in the system. This situation typically arises when there are multiple bank accounts configured in the system, and both are incorrectly set to have the same function, which can lead to confusion in financial reporting and processing.
  
  Cause:
  
  Configuration Error: The most common cause is a misconfiguration in the bank account settings within the SAP system. Specifically, two bank accounts may have been assigned the same function of "Opening bank."
  Data Migration Issues: If data was migrated from another system or if there were changes made to bank account settings, it could lead to duplicate entries or incorrect settings.
  User Error: Manual entry errors during the setup of bank accounts can also lead to this issue.
  
  
  Solution:
  To resolve the EI588 error, follow these steps:
  
  
  Identify the Bank Accounts:
  
  Go to the relevant transaction in SAP (e.g., transaction code FI12 for