How To Fix FVD_COND_VERIFIER055 - Payment method of condition item requires a set of bank details

SAP Error Message - Details

• Message type: E = Error

• Message class: FVD_COND_VERIFIER - Condition Verifier

• Message number: 055

• Message text: Payment method of condition item requires a set of bank details

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FVD_COND_VERIFIER055 - Payment method of condition item requires a set of bank details ?

  The SAP error message FVD_COND_VERIFIER055 indicates that there is an issue with the payment method associated with a condition item in a financial transaction. Specifically, it suggests that the payment method requires a set of bank details that have not been provided or are incomplete.
  Cause:
  
  Missing Bank Details: The payment method defined for the condition item requires specific bank details (like bank account number, bank key, etc.) that are not available in the system.
  Incorrect Configuration: The payment method may not be properly configured in the system, leading to the requirement for bank details not being met.
  Data Inconsistency: There may be inconsistencies in the master data related to the vendor or customer, which could lead to missing or incorrect bank details.
  Payment Method Settings: The settings for the payment method in the configuration may require bank details to be filled in for certain transactions.
  
  Solution:
  
  
  Check Bank Details: Ensure that the relevant bank details are entered for the vendor or customer associated with the transaction. This can typically be done in the vendor or customer master data.
  
  Navigate to the vendor or customer master record and verify that the bank details are complete and correct.
  
  
  
  Review Payment Method Configuration: Check the configuration of the payment method in the SAP system.
  
  Go to the configuration settings for payment methods (Transaction code: OBPM1 for payment methods in accounts payable or OBPM2 for accounts receivable) and ensure that the settings align with the requirements for bank details.
  
  
  
  Update Master Data: If the bank details are missing, update the master data for the vendor or customer to include the necessary bank information.
  
  Use transaction codes XK02 (for vendors) or FD02 (for customers) to update the records.
  
  
  
  Consult Documentation: Review any relevant documentation or guidelines provided by your organization regarding the setup of payment methods and bank details.
  
  
  Testing: After making the necessary updates, test the transaction again to see if the error persists.
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as:
  
  XK01/XK02: Create/Change Vendor
  FD01/FD02: Create/Change Customer
  OBPM1/OBPM2: Payment Method Configuration
  
  
  SAP Notes: Check for any SAP Notes related to this error message for additional insights or patches that may address the issue.
  User Roles: Ensure that the user has the necessary authorizations to view and edit bank details in the system.
  
  By following these steps, you should be able to resolve the error message FVD_COND_VERIFIER055 and ensure that the payment method is correctly set up with the required bank details.