How To Fix FAP_PP047 - No G/L account for payment method &1 with currency &2 defined for bank

FAP_PP047 - Overview

• Message type: E = Error

• Message class: FAP_PP - Messages for payment proposal

• Message number: 047

• Message text: No G/L account for payment method &1 with currency &2 defined for bank

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

FAP_PP047 - Details

• The SAP error message FAP_PP047 indicates that there is no General Ledger (G/L) account defined for a specific payment method and currency combination for a bank. This error typically arises during the processing of payments or when trying to execute a payment run.
  
  Cause:
  
  Missing G/L Account Configuration: The primary cause of this error is that the G/L account for the specified payment method and currency has not been set up in the system.
  Incorrect Payment Method: The payment method being used may not be correctly configured for the bank account in question.
  Currency Issues: The currency specified may not have a corresponding G/L account defined for the payment method.
  Bank Configuration: The bank account may not be properly configured in the system, leading to the absence of the required G/L account.
  
  
  Solution:
  To resolve the error, follow these steps:
  
  
  Check Payment Method Configuration:
  
  Go to the transaction code OBPM1 (for payment methods) or FBZP (for payment program configuration).
  Verify