How To Fix FV003 - Bank account does not exist

FV003 - Overview

• Message type: E = Error

• Message class: FV - Electronic Banking Messages

• Message number: 003

• Message text: Bank account does not exist

What causes this issue?

The bank account number &V1& could not be found.

How to fix this error?

Check the bank account number or the corresponding entry in the
directory of the house bank accounts.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FV003 - Bank account does not exist ?

  The SAP error message FV003, which states "Bank account does not exist," typically occurs when you are trying to process a transaction that involves a bank account that has not been properly set up or is not recognized in the system. Here are the potential causes, solutions, and related information for this error:
  Causes:
  
  Bank Account Not Created: The bank account you are trying to use has not been created in the system.
  Incorrect Bank Account Number: The bank account number entered may be incorrect or misspelled.
  Inactive Bank Account: The bank account may exist but is marked as inactive or blocked.
  Company Code Issues: The bank account may not be assigned to the correct company code.
  Missing Bank Master Data: The necessary master data for the bank account may not be fully maintained.
  Authorization Issues: The user may not have the necessary permissions to access the bank account.
  
  Solutions:
  
  
  Create the Bank Account:
  
  Navigate to the transaction code FI01