How To Fix F0247 - No payment methods involving bank collection are defined for format &


F0247 - Overview

  • Message type: E = Error

  • Message class: F0 - FI batch program messages

  • Message number: 247

  • Message text: No payment methods involving bank collection are defined for format &

  • Show details Hide details
  • What causes this issue?

    The MT100 Customer Transfer is a payment statement made by the payer.

    System Response

    As the payment method selected (&V2&) is for bank collection, the
    program terminates after being started.

    How to fix this error?

    Use an appropriate payment method.
    <DS:TRAN.FBZP>Proceed</>

    Error message extract from SAP system. Copyright SAP SE.


Smart SAP Assistant

  • What is the cause and solution for SAP error message F0247 - No payment methods involving bank collection are defined for format & ?
    The SAP error message F0247 indicates that there are no payment methods defined for bank collection in the specified format. This error typically arises when you are trying to process a payment or create a payment file, and the system cannot find the necessary configuration for the payment method you are using.
    
    Cause: Missing Configuration: The payment method for bank collection is not defined in the system for the specified format. Incorrect Format: The format specified in the transaction may not be correctly set up or may not correspond to any defined payment method. Payment Method Not Assigned: The payment method may not be assigned to the company code or the relevant configuration settings.
    Solution: To resolve the error, you can follow these steps: Check Payment Method Configuration: Go to the transaction code OBPM1 (for payment methods) or FBZP (for payment program configuration). Ensure that the payment method you are trying to use is defined for bank collection. Check if

    Already have an account? Login here!




Instant HelpGet instant SAP help. Sign up for our Free Essentials Plan.


Related SAP Error Messages

Click the links below to see the following related messages:

Click on this link to search all SAP messages.


Rating
The AI Support Assistant is great. It provides comprehensive assistance even on the most difficult issues. I highly recommend this service.
Rate 1
John Jordan
SAP Consultant & Author