How To Fix FS502 - Specify house bank and bank account key

FS502 - Overview

• Message type: E = Error

• Message class: FS - Messages from Tax Routines / Prenumbered Checks

• Message number: 502

• Message text: Specify house bank and bank account key

What causes this issue?

You must enter the short key for the house bank and the bank account
key so that the system is able to determine the correct bank account.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FS502 - Specify house bank and bank account key ?

  The SAP error message FS502 ("Specify house bank and bank account key") typically occurs in the context of financial transactions, particularly when dealing with payment processing or bank-related activities in SAP. This error indicates that the system requires specific information regarding the house bank and the associated bank account, which has not been provided.
  
  Cause:
  
  Missing Configuration: The house bank and bank account key may not be configured in the system.
  Incomplete Data Entry: The user may not have entered the required fields in the transaction screen.
  Incorrect Master Data: The house bank or bank account may not be correctly set up in the system.
  Transaction Type: The transaction being processed may require specific bank details that have not been provided.
  
  
  Solution:
  
  
  Check Configuration:
  
  Navigate to the configuration settings for house banks in SAP (Transaction Code: FI12).
  Ensure that the house bank and bank account are properly defined and active.
  
  
  
  Enter Required Data:
  
  When processing a transaction, ensure that you have