How To Fix FCLM_BAM_MAINT534 - The bank account already exists as a closed bank account.

FCLM_BAM_MAINT534 - Overview

• Message type: E = Error

• Message class: FCLM_BAM_MAINT -

• Message number: 534

• Message text: The bank account already exists as a closed bank account.

What causes this issue?

The bank account you have just defined matches a bank account that
already exists in the system as a closed bank account.

System Response

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

How to fix this error?

Do either of the following:
If you want to reuse this closed bank account, you can reopen it.
If you want to create a new bank account, change one or more of the
following keys to differentiate it from the closed bank account:
Bank account number
Bank country
Bank key
Currency

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FCLM_BAM_MAINT534 - The bank account already exists as a closed bank account. ?

  The SAP error message FCLM_BAM_MAINT534 indicates that you are trying to create or modify a bank account in the Bank Account Management (BAM) module, but the system has detected that the bank account you are attempting to use already exists as a closed bank account. This can happen if the bank account was previously created and then marked as closed, but you are trying to re-open or re-create it.
  
  Cause:
  
  Duplicate Entry: The bank account number you are trying to enter already exists in the system but is marked as closed.
  Incorrect Data Entry: There may be a mistake in the bank account number or details being entered.
  System Configuration: The system may be configured to prevent the reactivation of closed bank accounts.
  
  
  Solution:
  
  
  Check Existing Bank Accounts: 
  
  Navigate to the Bank Account Management section in SAP and search for the bank account number you are trying to create or modify.
  Verify its status (open or closed).
  
  
  
  Reactivate