How To Fix FIBL506 - Bank account & not found

SAP Error Message - Details

• Message type: E = Error

• Message class: FIBL - Messages from Tax Routines / Prenumbered Checks

• Message number: 506

• Message text: Bank account & not found

What causes this issue?

For the house bank selected, there is no account with the specified
account number.

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

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FIBL506 - Bank account & not found ?

  The SAP error message FIBL506 ("Bank account & not found") typically occurs when the system is unable to find the specified bank account in the database. This can happen for several reasons, and understanding the cause is essential for resolving the issue.
  Causes:
  
  Incorrect Bank Account Number: The bank account number entered may be incorrect or not formatted properly.
  Bank Account Not Created: The bank account may not have been created in the system or may have been deleted.
  Inactive Bank Account: The bank account might be inactive or blocked in the system.
  Missing Bank Master Data: The necessary master data for the bank account may not be maintained in the system.
  Company Code Issues: The bank account may not be assigned to the correct company code or may not be valid for the company code being used.
  Authorization Issues: The user may not have the necessary authorizations to access the bank account.
  
  Solutions:
  
  Verify Bank Account Number: Check the bank account number for any typos or formatting issues. Ensure that it matches the format expected by the system.
  Create or Reactivate Bank Account: If the bank account does not exist, create it in the system. If it exists but is inactive, reactivate it.
  Check Master Data: Ensure that all necessary master data for the bank account is correctly maintained. This includes details like the bank key, account holder, and other relevant information.
  Company Code Assignment: Verify that the bank account is assigned to the correct company code. If not, assign it appropriately.
  User Authorizations: Check the user’s authorizations to ensure they have the necessary permissions to access the bank account.
  Consult Documentation: Refer to SAP documentation or consult with your SAP support team for specific guidance related to your system configuration.
  
  Related Information:
  
  Transaction Codes: You can use transaction codes like FI12 (to maintain bank master data) or OB52 (to check the posting periods) to troubleshoot further.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  System Logs: Review system logs for any additional error messages or warnings that may provide more context about the issue.
  
  If the problem persists after trying the above solutions, it may be beneficial to reach out to your SAP support team or consult with an SAP expert for further assistance.