How To Fix FKK_SEPA007 - Bank details &1 do not contain an IBAN, mandates are not adjusted

FKK_SEPA007 - Overview

• Message type: E = Error

• Message class: FKK_SEPA - FI-CA: SEPA Mandate Management

• Message number: 007

• Message text: Bank details &1 do not contain an IBAN, mandates are not adjusted

What causes this issue?

The bank data for bank details &v1& were changed without entering or
generating the associated IBAN.

System Response

The original SEPA mandates for these bank details cannot be adjusted as
long as the associated IBAN does not exist.

How to fix this error?

If this message is displayed while you are saving data, you may have to
change the SEPA mandates relating to bank details &v1& manually. To do
this, use the <LS>SEPA Mandates</> pushbutton.
Alternatively, you can enter the IBAN before saving, so that the SEPA
mandates relating to bank details &v1& are adjusted automatically.

Procedure for System Administrators

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.

FKK_SEPA007 - Details

• The SAP error message FKK_SEPA007 indicates that the bank details for a specific account do not contain an International Bank Account Number (IBAN). This error typically arises in the context of SEPA (Single Euro Payments Area) transactions, where IBANs are required for processing payments.
  
  Cause:
  
  Missing IBAN: The bank details for the customer or vendor do not include an IBAN.
  Incorrect Configuration: The configuration settings for the payment method or the bank details may not be set up correctly.
  Data Entry Error: There may have been an oversight during data entry, leading to the omission of the IBAN.
  
  
  Solution:
  
  
  Update Bank Details:
  
  Navigate to the relevant customer or vendor master data in SAP.
  Ensure that the IBAN is correctly entered in the bank details section.
  Save the changes.
  
  
  
  Check Payment Method Configuration:
  
  Verify that the payment method being used is configured to require IBANs.
  Ensure that the settings for SEPA payments are correctly set up in the configuration.
  
  
  
  Review Mandate Management:
  
  If mandates are