How To Fix FIBL692 - Payment method & is not defined for country &

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 692

• Message text: Payment method & is not defined for country &

What causes this issue?

Payment method &V1& is not created in country &V2&.

How to fix this error?

Correct your entry or create payment method &V1& in country &V2& (and
then in the company code).
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Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FIBL692 - Payment method & is not defined for country & ?

  The SAP error message FIBL692 indicates that a specific payment method is not defined for a particular country in the system. This error typically arises during the processing of financial transactions, such as when attempting to execute a payment run or when posting a document that involves a payment method.
  Cause:
  
  Missing Configuration: The payment method you are trying to use has not been configured for the specified country in the SAP system.
  Incorrect Payment Method: The payment method may be incorrectly specified in the transaction or document you are trying to process.
  Country-Specific Settings: Some payment methods are only valid for certain countries, and if the payment method is not set up for the country in question, this error will occur.
  
  Solution:
  To resolve the FIBL692 error, you can follow these steps:
  
  
  Check Payment Method Configuration:
  
  Go to the SAP transaction code OBPM1 (for payment methods in company code) or OBPM2 (for payment methods in country).
  Verify if the payment method is defined for the specific country you are working with.
  If it is not defined, you will need to create or modify the payment method configuration.
  
  
  
  Define Payment Method for Country:
  
  If the payment method is missing, you can define it by:
  
  Selecting the appropriate country.
  Specifying the payment method and ensuring it is linked to the correct company code.
  Saving the changes.
  
  
  
  
  
  Check Document Settings:
  
  Ensure that the document you are processing (e.g., invoice, payment) has the correct payment method specified.
  If necessary, change the payment method in the document to one that is valid for the country.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources for specific details on payment method configuration and country settings.
  
  
  
  Testing:
  
  After making the necessary changes, test the transaction again to ensure that the error is resolved.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  OBPM1: Payment Methods in Company Code
  OBPM2: Payment Methods in Country
  OBPM3: Payment Methods for Payment Program
  
  
  SAP Notes: Check for any relevant SAP Notes that may provide additional guidance or fixes related to this error.
  User Roles: Ensure that you have the necessary authorizations to make changes to payment method configurations.
  
  By following these steps, you should be able to resolve the FIBL692 error and successfully process your financial transactions in SAP.