How To Fix FZ918 - No bill/exch. presentation account defined for & & & & (see long text)

SAP Error Message - Details

• Message type: E = Error

• Message class: FZ - Payment Transactions

• Message number: 918

• Message text: No bill/exch. presentation account defined for & & & & (see long text)

What causes this issue?

No bill of exchange presentation account has been defined for this
house bank account and for the bill of exchange usage selected.

How to fix this error?

You need to define a bill of exchange presentation account for the
presentation. Depending on the usage, maintain the bill of exchange
presentation account for discount (D) or collection (I). This is
essential for bill of exchange presentation.
<DS:TRAN.F.92>Proceed</> to maintain view V_T012K_W.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FZ918 - No bill/exch. presentation account defined for & & & & (see long text) ?

  The SAP error message FZ918 indicates that there is no bill/exchange presentation account defined for the specified parameters. This error typically arises in the context of financial transactions, particularly when dealing with foreign currency transactions or bills of exchange.
  Cause:
  The error occurs when the system attempts to process a transaction that requires a specific account for handling bills or exchange presentations, but such an account has not been configured in the system. This can happen due to:
  
  Missing Configuration: The necessary account settings for bills of exchange or currency exchange have not been set up in the system.
  Incorrect Master Data: The master data for the vendor, customer, or other relevant entities may not have the required account information.
  Transaction Type: The transaction type being processed may not have a corresponding account defined in the configuration.
  
  Solution:
  To resolve the FZ918 error, you can take the following steps:
  
  
  Check Configuration:
  
  Go to the configuration settings in SAP (Transaction code: SPRO).
  Navigate to the relevant section for Financial Accounting (FI) and check the settings for bills of exchange or currency exchange.
  Ensure that the necessary accounts are defined for the relevant transaction types.
  
  
  
  Define Presentation Accounts:
  
  If you find that the accounts are missing, you will need to define them. This can typically be done in the following path:
  
  Financial Accounting (FI) -> Accounts Receivable and Accounts Payable -> Bill of Exchange -> Define Presentation Accounts.
  
  
  Make sure to specify the correct account types and ensure they are linked to the appropriate company codes.
  
  
  
  Review Master Data:
  
  Check the master data for the relevant vendors or customers to ensure that they have the correct account assignments for bills of exchange.
  You can do this by using transaction codes like XK03 (for vendors) or FD03 (for customers).
  
  
  
  Test the Configuration:
  
  After making the necessary changes, test the transaction again to see if the error persists.
  
  
  
  Consult Documentation:
  
  If you are unsure about the configuration settings, refer to SAP documentation or consult with your SAP support team for guidance.
  
  
  
  Related Information:
  
  Transaction Codes: SPRO (to access configuration), XK03 (to view vendor data), FD03 (to view customer data).
  SAP Notes: Check for any relevant SAP Notes that might provide additional insights or updates related to this error.
  Long Text: The long text associated with the error message may provide additional context or specific details about what is missing or misconfigured.
  
  By following these steps, you should be able to identify and resolve the issue causing the FZ918 error in your SAP system.