How To Fix FIN_SEPA014 - The document does not have any bank details with BIC &1

SAP Error Message - Details

• Message type: E = Error

• Message class: FIN_SEPA - Messages for Mandates in FIN

• Message number: 014

• Message text: The document does not have any bank details with BIC &1

What causes this issue?

You have entered a BIC in the mandate that cannot be derived in the
document.

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?

If you know the IBAN, enter this in the document (the IBAN button). The
IBAN and BIC is then automatically transferred to all mandates that have
been assigned to the document.

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 FIN_SEPA014 - The document does not have any bank details with BIC &1 ?

  The SAP error message FIN_SEPA014 indicates that a document does not have the necessary bank details, specifically the Bank Identifier Code (BIC), which is required for processing SEPA (Single Euro Payments Area) transactions. This error typically arises when attempting to create or process a SEPA payment file or transaction.
  Cause:
  
  Missing Bank Details: The document (e.g., vendor invoice, customer payment) does not have the required bank details, including the BIC.
  Incorrect Configuration: The bank details may not be correctly configured in the vendor or customer master data.
  Data Inconsistency: There may be inconsistencies or missing information in the master data related to the bank account.
  
  Solution:
  
  
  Check Master Data:
  
  Go to the vendor or customer master data (transaction codes like XK03 for vendors or FD03 for customers).
  Ensure that the bank details are correctly maintained, including the BIC and IBAN (International Bank Account Number).
  
  
  
  Update Bank Details:
  
  If the BIC is missing, update the vendor or customer master data with the correct bank details.
  Ensure that the BIC is valid and corresponds to the bank account being used.
  
  
  
  Review Document:
  
  Check the specific document that triggered the error. Ensure that it is linked to the correct vendor or customer with the appropriate bank details.
  
  
  
  Configuration Check:
  
  If the issue persists, check the configuration settings for SEPA payments in the SAP system. Ensure that the settings for bank details and payment methods are correctly configured.
  
  
  
  Testing:
  
  After making the necessary updates, try to process the transaction again to see if the error is resolved.
  
  
  
  Related Information:
  
  SEPA Compliance: Ensure that your organization is compliant with SEPA regulations, which require specific formats and details for cross-border euro transactions.
  BIC and IBAN: Familiarize yourself with the importance of BIC and IBAN in international banking, as they are essential for identifying banks and accounts in SEPA transactions.
  SAP Notes: Check for any relevant SAP Notes or updates that may address known issues related to SEPA payments and bank details.
  
  By following these steps, you should be able to resolve the FIN_SEPA014 error and successfully process your SEPA transactions.