How To Fix FY058 - Payment card type &1 not found

SAP Error Message - Details

• Message type: E = Error

• Message class: FY - Payment Cards

• Message number: 058

• Message text: Payment card type &1 not found

What causes this issue?

Could not find the payment card type &V1&. The payment card type is
necessary for settlement of the payment card transaction.

System Response

Settlement of the payment card transactions can not be carried out.

How to fix this error?

Enter the payment card type &V1& in Customizing.
<DS:SIMG.SIMG_CFMENUOLSDOVK2>Maintain Card Type</>

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FY058 - Payment card type &1 not found ?

  The SAP error message FY058, which states "Payment card type &1 not found," typically occurs when the system is unable to recognize or find the specified payment card type in the configuration. This can happen for various reasons, such as incorrect configuration settings, missing entries in the payment card type table, or issues with the master data.
  Cause:
  
  Missing Configuration: The payment card type has not been defined in the system.
  Incorrect Card Type: The card type being used in the transaction does not match any of the defined types in the system.
  Data Entry Error: There may be a typo or incorrect entry in the payment card type field.
  Master Data Issues: The customer or vendor master data may not be correctly set up to include the payment card type.
  
  Solution:
  
  
  Check Configuration:
  
  Go to the configuration settings for payment cards in SAP. This can typically be found under the path: SPRO -> Financial Accounting -> Accounts Receivable and Accounts Payable -> Payment Transactions -> Payment Cards -> Define Payment Card Types.
  Ensure that the payment card type you are trying to use is defined in the system.
  
  
  
  Verify Card Type:
  
  Double-check the payment card type being entered in the transaction. Ensure it matches exactly with the defined types in the configuration (case-sensitive).
  
  
  
  Update Master Data:
  
  If the payment card type is related to a specific customer or vendor, ensure that their master data is correctly set up to include the payment card type.
  
  
  
  Consult Documentation:
  
  Review any relevant documentation or user manuals for your specific SAP version to ensure that you are following the correct procedures for payment card processing.
  
  
  
  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: You may need to use transaction codes like OBPM1 (for payment card types) or BP (for business partner master data) to check configurations and data.
  SAP Notes: Check SAP Notes for any known issues or patches related to payment card processing.
  User Roles: Ensure that you have the necessary authorizations to view and modify payment card configurations.
  
  By following these steps, you should be able to resolve the FY058 error and successfully process payment card transactions in SAP.