How To Fix FVD_COND_VERIFIER_D055 - Payment method of condition item &1 requires a set of bank details

SAP Error Message - Details

• Message type: E = Error

• Message class: FVD_COND_VERIFIER_D - Condition Verifier

• Message number: 055

• Message text: Payment method of condition item &1 requires a set of bank details

What causes this issue?

The condition item with condition type &V1& and the condition type key
&V2&, effective from &V3&, contains a payment method, for which bank
details are required. However, bank details have not been entered.

System Response

The loan conditions contain errors and therefore cannot be saved.

How to fix this error?

Remove the condition item in question from the loan conditions, or enter
a set of bank details.

Procedure for System Administrators

The complete key for the condition item is &V4&.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FVD_COND_VERIFIER_D055 - Payment method of condition item &1 requires a set of bank details ?

  The SAP error message FVD_COND_VERIFIER_D055 indicates that there is an issue with the payment method associated with a condition item in a financial transaction. Specifically, it states that the payment method requires a set of bank details, which are not currently provided or are incomplete.
  Cause:
  
  Missing Bank Details: The payment method specified for the condition item does not have the necessary bank details configured in the system.
  Incorrect Payment Method: The payment method being used may not be compatible with the transaction or may not have been set up correctly in the system.
  Configuration Issues: There may be issues in the configuration of the payment methods or the related master data.
  
  Solution:
  
  
  Check Payment Method Configuration:
  
  Go to the configuration settings for payment methods in SAP (Transaction code: OBPM1 for payment method configuration).
  Ensure that the payment method used for the condition item is correctly configured and that it requires bank details.
  
  
  
  Maintain Bank Details:
  
  Navigate to the relevant master data (e.g., vendor or customer master data) and ensure that the bank details are maintained.
  For vendors, you can check this in the vendor master record (Transaction code: XK02 or FK02).
  For customers, check the customer master record (Transaction code: XD02 or FD02).
  
  
  
  Review Condition Records:
  
  Check the condition records associated with the transaction to ensure that the correct payment method is being used.
  You can use Transaction code VK11 to maintain condition records.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help files related to payment methods and bank details for further guidance on the specific requirements for the payment method in question.
  
  
  
  Contact Support:
  
  If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  OBPM1: Payment method configuration
  XK02: Change vendor master data
  XD02: Change customer master data
  VK11: Create condition records
  
  
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error message or provide additional troubleshooting steps.
  
  
  User Roles: Ensure that the user has the necessary authorizations to view and edit the payment method and bank details.
  
  
  By following these steps, you should be able to resolve the error message and ensure that the payment method is properly configured with the required bank details.