How To Fix FZ017 - & is not a house bank for company code &; correct

SAP Error Message - Details

• Message type: E = Error

• Message class: FZ - Payment Transactions

• Message number: 017

• Message text: & is not a house bank for company code &; correct

What causes this issue?

House bank &V1& is not defined in company code &V2&.

System Response

The entry is rejected.

How to fix this error?

Enter a valid key for the house bank.
<ZH>Procedure for the system administrator</>
If the specified key is missing in the list of house banks, create a
corresponding entry. <DS:TRAN.FI12>Proceed</>.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FZ017 - & is not a house bank for company code &; correct ?

  The SAP error message FZ017 typically indicates that the specified bank is not set up as a house bank for the given company code. This error can occur when you are trying to perform a transaction that requires a house bank, such as processing a payment or creating a bank master record.
  Cause:
  
  Bank Not Defined as House Bank: The bank you are trying to use has not been defined as a house bank for the specified company code.
  Incorrect Company Code: The company code you are using may not be the one associated with the house bank.
  Bank Master Data Issues: There may be issues with the bank master data, such as missing or incorrect entries.
  
  Solution:
  To resolve the FZ017 error, you can follow these steps:
  
  
  Check House Bank Configuration:
  
  Go to the transaction code FI12 (or OBI3 depending on your version) to check the house bank configuration.
  Ensure that the bank in question is listed as a house bank for the relevant company code.
  
  
  
  Create/Update House Bank:
  
  If the bank is not listed, you will need to create it as a house bank.
  Use the transaction code FI12 to create a new house bank or update an existing one.
  Ensure that you enter the correct company code and bank details.
  
  
  
  Verify Bank Master Data:
  
  Check the bank master data using transaction code FI01 (to create) or FI02 (to change).
  Ensure that the bank details are correctly maintained and that the bank is active.
  
  
  
  Check Company Code Settings:
  
  Ensure that the company code settings are correct and that the house bank is assigned to the correct company code.
  
  
  
  Test the Transaction Again:
  
  After making the necessary changes, try to perform the transaction again to see if the error persists.
  
  
  
  Related Information:
  
  House Bank: A house bank in SAP is a bank account that is used for processing payments and receipts. It is essential for managing cash flow and financial transactions.
  Company Code: A company code is the smallest organizational unit in SAP that represents a legal entity. Each company code can have its own set of financial statements.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FI12 (House Bank), FI01 (Create Bank), and FI02 (Change Bank) for managing bank-related configurations.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or refer to SAP documentation for further troubleshooting.