How To Fix FTR_LC034 - Presentation bank is invalid

SAP Error Message - Details

• Message type: E = Error

• Message class: FTR_LC - Message class for Letter of Credit

• Message number: 034

• Message text: Presentation bank is invalid

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FTR_LC034 - Presentation bank is invalid ?

  The SAP error message FTR_LC034 ("Presentation bank is invalid") typically occurs in the context of financial transactions, particularly when dealing with bank-related functionalities in SAP Treasury and Risk Management (TRM) or Financial Accounting (FI). This error indicates that the bank account or presentation bank specified in the transaction is not valid or recognized by the system.
  Causes:
  
  Invalid Bank Master Data: The bank account or presentation bank may not be correctly set up in the system. This could be due to missing or incorrect details in the bank master data.
  Inactive Bank: The bank account may be inactive or marked for deletion in the system.
  Incorrect Configuration: There may be configuration issues in the bank account settings or in the related financial transaction settings.
  Missing Authorization: The user may not have the necessary authorizations to access or use the specified bank account.
  Data Consistency Issues: There may be inconsistencies in the data, such as mismatched bank keys or incorrect assignment of bank accounts to company codes.
  
  Solutions:
  
  
  Check Bank Master Data:
  
  Navigate to the bank master data in SAP (Transaction code: FI01 for creating, FI02 for changing, and FI03 for displaying bank master data).
  Verify that the bank account is correctly set up and active.
  Ensure that all required fields are filled out correctly.
  
  
  
  Review Bank Account Status:
  
  Ensure that the bank account is not marked as inactive or deleted.
  If necessary, reactivate the bank account.
  
  
  
  Configuration Review:
  
  Check the configuration settings related to bank accounts in the Financial Accounting (FI) or Treasury modules.
  Ensure that the presentation bank is correctly configured in the relevant settings.
  
  
  
  Authorization Check:
  
  Verify that the user has the necessary authorizations to access and use the bank account.
  If needed, consult with your SAP security team to adjust user roles and permissions.
  
  
  
  Data Consistency Check:
  
  Run consistency checks to identify any discrepancies in the bank account data.
  Use transaction codes like SE16 to check the relevant tables for inconsistencies.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help notes related to the specific error message for additional troubleshooting steps.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FI01, FI02, FI03, FTR_CREATE, and FTR_EDIT for managing bank accounts and financial transactions.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  Support: If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting SAP Community forums for further assistance.
  
  By following these steps, you should be able to identify and resolve the cause of the FTR_LC034 error in SAP.