How To Fix IDFI_QRIBAN053 - QR-IBAN alternative payment is supported only for currency CHF or EUR

SAP Error Message - Details

• Message type: E = Error

• Message class: IDFI_QRIBAN - FI: Message class for QR Bill vendor invoicing

• Message number: 053

• Message text: QR-IBAN alternative payment is supported only for currency CHF or EUR

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message IDFI_QRIBAN053 - QR-IBAN alternative payment is supported only for currency CHF or EUR ?

  The SAP error message IDFI_QRIBAN053 indicates that the QR-IBAN (QR Code International Bank Account Number) alternative payment method is only supported for transactions involving the Swiss Franc (CHF) or the Euro (EUR). This error typically arises when an attempt is made to use QR-IBAN for a currency that is not CHF or EUR.
  Cause:
  The primary cause of this error is that the payment method being used is restricted to specific currencies (CHF and EUR). If a user tries to process a payment in a different currency (e.g., USD, GBP, etc.) using the QR-IBAN method, the system will trigger this error message.
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Currency: Ensure that the transaction is being processed in either CHF or EUR. If the currency is different, you will need to change it to one of the supported currencies.
  
  
  Change Payment Method: If the transaction must be conducted in a currency other than CHF or EUR, consider using a different payment method that supports the desired currency.
  
  
  Configuration Review: If you believe that QR-IBAN should support additional currencies, review the configuration settings in your SAP system. This may involve checking the payment method settings and ensuring that they are correctly defined for the currencies you wish to support.
  
  
  Consult Documentation: Refer to SAP documentation or help resources for more information on QR-IBAN and its supported currencies. This can provide insights into any limitations or requirements.
  
  
  Contact SAP Support: If you are unable to resolve the issue through the above steps, consider reaching out to SAP support for further assistance. They can provide guidance based on your specific system configuration and requirements.
  
  
  Related Information:
  
  QR-IBAN: This is a standardized format for bank account numbers used in Switzerland and the Eurozone, designed to facilitate payments and improve efficiency in processing.
  Payment Methods in SAP: SAP allows for various payment methods, and each may have specific configurations and limitations based on currency, country, and other factors.
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP that may help in managing payment methods and configurations (e.g., OBPM1 for payment method configuration).
  
  By following these steps, you should be able to address the error and proceed with your payment processing in SAP.