How To Fix FS505 - No house bank found for bank key &

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 505

• Message text: No house bank found for bank key &

What causes this issue?

No house bank with the specified bank number has been created.

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.

Smart SAP Assistant

• What is the cause and solution for SAP error message FS505 - No house bank found for bank key & ?

  The SAP error message FS505 "No house bank found for bank key &" typically occurs when the system cannot find a house bank associated with the specified bank key in the configuration. This can happen in various scenarios, such as during payment processing, bank statement processing, or when trying to create a payment run.
  Cause:
  
  Missing Configuration: The house bank for the specified bank key has not been set up in the system.
  Incorrect Bank Key: The bank key provided may be incorrect or does not exist in the system.
  Data Inconsistency: There may be inconsistencies in the master data related to the bank key or house bank.
  Authorization Issues: The user may not have the necessary authorizations to access the house bank data.
  
  Solution:
  
  
  Check House Bank Configuration:
  
  Go to the transaction code FI12 (House Bank) or OBHB (Define House Banks).
  Verify if the house bank for the specified bank key exists. If not, create a new house bank entry with the correct bank key.
  
  
  
  Verify Bank Key:
  
  Ensure that the bank key you are using is correct. You can check this in the transaction code FI01 (Create Bank) or FI02 (Change Bank) to see if the bank key is valid.
  
  
  
  Check Bank Master Data:
  
  Ensure that the bank master data is correctly maintained. You can use transaction codes like FI01 or FI02 to review and update the bank details.
  
  
  
  Review User Authorizations:
  
  Check if the user has the necessary authorizations to access the house bank data. This can be done by reviewing the user's roles and authorizations in the system.
  
  
  
  Consult Documentation:
  
  If the issue persists, consult SAP documentation or reach out to your SAP support team for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  FI12: House Bank Configuration
  OBHB: Define House Banks
  FI01: Create Bank Master Data
  FI02: Change Bank Master Data
  
  
  SAP Notes: Check for any relevant SAP Notes that might address this specific error or provide additional troubleshooting steps.
  User Roles: Ensure that the user has the appropriate roles assigned to perform banking transactions.
  
  By following these steps, you should be able to resolve the FS505 error and ensure that the house bank is correctly configured in your SAP system.