How To Fix FIORB310 - Define a clearing account for the house bank account selected

SAP Error Message - Details

• Message type: E = Error

• Message class: FIORB - Special Payment Method

• Message number: 310

• Message text: Define a clearing account for the house bank account selected

What causes this issue?

In the Customizing view V_T018V the transaction could not find the
clearing account relating to the target bank account, and therefore
rejected the entry.

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?

In view V_T018V maintain an entry for the clearing account.
To do this enter the company code, the house bank ID, the selected
Orbian payment method, the currency of the account, the account ID and
the clearing account.

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 FIORB310 - Define a clearing account for the house bank account selected ?

  The SAP error message FIORB310 indicates that a clearing account has not been defined for the selected house bank account. This error typically arises in the context of financial transactions, particularly when dealing with bank accounts in the SAP system.
  Cause:
  The error occurs because the system requires a clearing account to be defined for the house bank account in order to process transactions correctly. A clearing account is used to temporarily hold funds during the reconciliation process between the bank and the company's financial records. If this account is not set up, the system cannot proceed with the transaction.
  Solution:
  To resolve the FIORB310 error, you need to define a clearing account for the specified house bank account. Here are the steps to do this:
  
  
  Access the House Bank Configuration:
  
  Go to the SAP Easy Access screen.
  Navigate to the following path: Accounting -> Financial Accounting -> Bank Accounting -> Master Data -> House Bank -> Edit House Bank.
  
  
  
  Select the House Bank:
  
  Enter the relevant company code and select the house bank account that is causing the error.
  
  
  
  Define the Clearing Account:
  
  In the house bank details, look for the field labeled "Clearing Account" or similar.
  Enter the appropriate clearing account number. This account should be a valid general ledger account that is set up to handle clearing transactions.
  
  
  
  Save Changes:
  
  After entering the clearing account, save your changes.
  
  
  
  Test the Transaction:
  
  Try to execute the transaction again that previously resulted in the FIORB310 error to ensure that the issue has been resolved.
  
  
  
  Related Information:
  
  Clearing Accounts: These accounts are typically used in financial processes to manage temporary balances. They are essential for ensuring that transactions are accurately reflected in the financial statements.
  House Bank Configuration: Proper configuration of house banks is crucial for effective cash management and reconciliation processes in SAP.
  Authorization: Ensure that you have the necessary permissions to make changes to house bank configurations in SAP.
  Documentation: Refer to SAP documentation or consult with your SAP administrator for specific details related to your organization's configuration and policies.
  
  If the issue persists after following these steps, it may be necessary to consult with your SAP support team or a financial consultant familiar with your organization's SAP setup.