How To Fix FY060 - Merchant ID not entered for the clearing house

FY060 - Overview

• Message type: E = Error

• Message class: FY - Payment Cards

• Message number: 060

• Message text: Merchant ID not entered for the clearing house

What causes this issue?

The merchant ID for the clearing house has not been entered. This is
necessary because a settlement of virtual cards (for example SET) will
take place.

How to fix this error?

Enter the merchant ID for the clearing house in Customizing.
<DS:SIMG.SIMG_CFMENUOLSDMERCH>Maintain merchant IDs per Account</>

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FY060 - Merchant ID not entered for the clearing house ?

  The SAP error message FY060, which states "Merchant ID not entered for the clearing house," typically occurs in the context of electronic payments or financial transactions within the SAP system. This error indicates that the system is unable to process a payment because the Merchant ID, which is essential for identifying the merchant in the clearing house, has not been specified.
  
  Cause:
  
  Missing Merchant ID: The most common cause of this error is that the Merchant ID has not been entered in the configuration settings for the clearing house.
  Incorrect Configuration: The clearing house settings may not be properly configured, leading to the absence of a Merchant ID.
  Data Entry Error: There may have been an oversight during data entry, where the Merchant ID was not filled in or was incorrectly entered.
  
  
  Solution:
  
  
  Check Configuration:
  
  Navigate to the configuration settings for the clearing house in SAP.
  Ensure that the Merchant ID is correctly entered and associated with the