How To Fix F5026 - Vendor & has no bank details with indicator &

SAP Error Message - Details

• Message type: E = Error

• Message class: F5 - Document Editing

• Message number: 026

• Message text: Vendor & has no bank details with indicator &

What causes this issue?

You want to provide a bank type for payment at the business partner
which is not provided in the master record.

How to fix this error?

Enter a correct bank type. If the master record was not maintained
correctly, enter the line item first without the bank type, correct the
master record and afterwards enter the desired bank type in the line
item.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message F5026 - Vendor & has no bank details with indicator & ?

  The SAP error message F5026 indicates that a vendor does not have any bank details associated with it, which is necessary for processing payments. This error typically arises when you attempt to execute a payment transaction (like a payment run) for a vendor who has not been assigned any bank account information in the system.
  Cause:
  
  Missing Bank Details: The vendor master record does not contain any bank account information.
  Incorrect Vendor Selection: The vendor you are trying to process payments for may not be the correct one or may not have been set up properly.
  Data Entry Errors: There may have been an oversight during the vendor creation process, leading to missing or incorrect bank details.
  
  Solution:
  
  
  Check Vendor Master Data:
  
  Go to the vendor master data transaction (e.g., XK03 for display).
  Enter the vendor number and check the bank details section.
  If there are no bank details, you will need to add them.
  
  
  
  Add Bank Details:
  
  Use transaction code (e.g., XK02 for change) to modify the vendor master record.
  Navigate to the "Bank Details" tab and enter the required bank account information.
  Ensure that the bank account is valid and correctly formatted.
  
  
  
  Verify Payment Method:
  
  Ensure that the payment method assigned to the vendor is compatible with the bank details you are entering.
  Check if the payment method requires specific bank details.
  
  
  
  Check for Multiple Company Codes:
  
  If the vendor is used across multiple company codes, ensure that bank details are maintained for each relevant company code.
  
  
  
  Consult with Finance Team:
  
  If you are unsure about the correct bank details or how to enter them, consult with your finance or accounting team for guidance.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  XK01: Create Vendor
  XK02: Change Vendor
  XK03: Display Vendor
  FBL1N: Vendor Line Item Display (to check transactions related to the vendor)
  
  
  
  Documentation: Refer to SAP Help documentation for detailed steps on maintaining vendor master data and bank details.
  
  
  Authorization: Ensure you have the necessary authorizations to modify vendor master data.
  
  
  By following these steps, you should be able to resolve the F5026 error and successfully process payments for the vendor in question.