How To Fix FINSTF_MIG034 - Missing notifying bank for financial document &1

SAP Error Message - Details

• Message type: E = Error

• Message class: FINSTF_MIG - Message class for trade finance migration

• Message number: 034

• Message text: Missing notifying bank for financial document &1

What causes this issue?

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

System Response

How to fix this error?

Set default business partner for migrating financial documents without
notifying bank in Customizing activity
<DS:SIMG.FINSTF_MIG_BKBP>Map SD-FT Banks with Business Partners</>.

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 FINSTF_MIG034 - Missing notifying bank for financial document &1 ?

  The SAP error message FINSTF_MIG034 indicates that there is a missing notifying bank for a financial document in the system. This error typically arises during the migration or processing of financial documents, particularly in the context of bank-related transactions.
  Cause:
  The error occurs when the system expects a notifying bank to be associated with a financial document, but it is not found. This can happen due to several reasons:
  
  Incomplete Data: The financial document may not have been fully populated with the necessary bank information.
  Configuration Issues: The system may not be properly configured to recognize or link the notifying bank with the financial document.
  Data Migration Issues: If you are migrating data from another system, there may have been issues in transferring the bank information.
  Missing Master Data: The notifying bank may not exist in the master data records, leading to this error.
  
  Solution:
  To resolve the error, you can take the following steps:
  
  
  Check Financial Document: Review the financial document referenced in the error message (indicated by &1) to ensure that all required fields, especially those related to bank information, are filled out correctly.
  
  
  Verify Notifying Bank Configuration:
  
  Go to the configuration settings in SAP and check if the notifying bank is correctly set up.
  Ensure that the bank is defined in the system and is linked to the relevant financial document types.
  
  
  
  Update Master Data:
  
  If the notifying bank is missing from the master data, you will need to create or update the bank master record in the system.
  Ensure that the bank details are complete and accurate.
  
  
  
  Data Migration Review:
  
  If this error occurred during a data migration process, review the migration logs to identify any issues related to bank data transfer.
  Ensure that the migration scripts or tools used correctly mapped the notifying bank information.
  
  
  
  Consult Documentation: Refer to SAP documentation or support notes related to financial document processing and bank configuration for additional guidance.
  
  
  Testing: After making the necessary changes, test the financial document processing again to ensure that the error is resolved.
  
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like FB03 (Display Document) or FB02 (Change Document) to view or edit financial documents.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  Support: If the issue persists, consider reaching out to SAP support for further assistance, providing them with the error details and any steps you have already taken.
  
  By following these steps, you should be able to identify and resolve the cause of the FINSTF_MIG034 error in your SAP system.