How To Fix ICC-FI124 - Payment method &1 does not exist in country &2

SAP Error Message - Details

• Message type: E = Error

• Message class: ICC-FI - Dunning (Sweden)

• Message number: 124

• Message text: Payment method &1 does not exist in country &2

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

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Smart SAP Assistant

• What is the cause and solution for SAP error message ICC-FI124 - Payment method &1 does not exist in country &2 ?

  The SAP error message ICC-FI124 indicates that the specified payment method does not exist for the given country in the system. This error typically arises when trying to process a payment or transaction using a payment method that has not been configured for the specified country in the SAP system.
  Cause:
  
  Missing Configuration: The payment method has not been defined for the country in the configuration settings.
  Incorrect Payment Method: The payment method code used in the transaction is incorrect or does not match any existing payment methods in the system.
  Country-Specific Settings: The payment method may be country-specific, and the configuration for that country has not been set up properly.
  
  Solution:
  
  
  Check Payment Method Configuration:
  
  Go to the SAP configuration settings (transaction code SPRO).
  Navigate to Financial Accounting (FI) > Accounts Receivable and Accounts Payable > Payment Transactions > Define Payment Methods for Country.
  Ensure that the payment method in question is defined for the specified country.
  
  
  
  Verify Payment Method Code:
  
  Double-check the payment method code being used in the transaction to ensure it is correct.
  Make sure that the payment method is active and not marked for deletion.
  
  
  
  Add Payment Method if Missing:
  
  If the payment method is not defined for the country, you can create a new entry for it.
  Ensure that all necessary details are filled in, including the payment method description, and any other relevant settings.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources for specific details on configuring payment methods for different countries.
  
  
  
  Testing:
  
  After making changes, test the transaction again to ensure that the error has been resolved.
  
  
  
  Related Information:
  
  
  Transaction Codes: 
  
  SPRO (to access configuration settings)
  OBPM1 (to maintain payment methods)
  
  
  
  Payment Methods: Payment methods can vary by country and may include options like bank transfer, check, direct debit, etc. Each method may have specific configurations and requirements.
  
  
  User Roles: Ensure that you have the necessary authorizations to make changes to payment method configurations.
  
  
  SAP Notes: Check for any relevant SAP Notes that may address specific issues or provide additional guidance related to payment methods and country configurations.
  
  
  By following these steps, you should be able to resolve the ICC-FI124 error and ensure that the payment method is correctly configured for the specified country.