How To Fix FKKEXC042 - No business partner, account, or contract reference

FKKEXC042 - Overview

• Message type: E = Error

• Message class: FKKEXC - Message Class for External Payments

• Message number: 042

• Message text: No business partner, account, or contract reference

What causes this issue?

The business partner, contract account, and contract reference could not
be determined from the selection criteria.

System Response

No account balance can be displayed for these selection criteria.

How to fix this error?

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

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

FKKEXC042 - Details

• The SAP error message FKKEXC042 indicates that there is no business partner, account, or contract reference found in the system for the operation you are trying to perform. This error typically occurs in the context of contract accounts receivable and payable (FI-CA) when the system cannot find the necessary references to process a transaction.
  Causes:
  
  Missing Business Partner: The business partner associated with the transaction may not be created or may not be active in the system.
  Missing Contract Account: The contract account linked to the business partner may not exist or may not be correctly assigned.
  Incorrect Data Entry: There may be a typo or incorrect data in the fields where the business partner or contract account is specified.
  Inactive or Deleted Records: The business partner or contract account may have been marked as inactive or deleted.
  
  Configuration Issues: There may be configuration issues in the FI-CA module that prevent the system from recognizing the