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

ICC-FI124 - Overview

• 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.

Unfortunately, there isn't any extra information in this error notice.

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ICC-FI124 - Details

• 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