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

FS505 - Overview

• 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.

FS505 - Details

• 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