How To Fix FH402 - No partner bank types exist

FH402 - Overview

• Message type: E = Error

• Message class: FH - General ledger module messages

• Message number: 402

• Message text: No partner bank types exist

What causes this issue?

No bank type is specified for any of the bank details in the master
record of the customer/vendor.

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?

Error message extract from SAP system. Copyright SAP SE.

FH402 - Details

• The SAP error message FH402 "No partner bank types exist" typically occurs in the context of financial transactions, particularly when dealing with bank master data or payment processing. This error indicates that the system cannot find any defined partner bank types for the specified configuration or transaction.
  
  Cause:
  
  Missing Configuration: The most common cause is that the partner bank types have not been defined in the system. This could be due to a lack of setup in the bank master data or payment configuration.
  Incorrect Settings: There may be incorrect settings in the payment program or in the vendor/customer master data that reference bank details.
  Data Inconsistency: There could be inconsistencies in the data, such as missing entries in the relevant tables that store bank information.
  
  
  Solution:
  To resolve the FH402 error, you can follow these steps:
  
  
  Check Partner Bank Types:
  
  Go to the transaction code OBPM1 (for defining partner bank types) or OBPM2 (for maintaining them).
  Ensure that