How To Fix IUEEDPPLOTA271 - Acct &1 not defined as bank clearing acct for dist. lot in comp. code &2

IUEEDPPLOTA271 - Overview

• Message type: E = Error

• Message class: IUEEDPPLOTA - Deregulation: Distribution of Aggregated Payments

• Message number: 271

• Message text: Acct &1 not defined as bank clearing acct for dist. lot in comp. code &2

What causes this issue?

You want to use G/L account &SYST-MSGV1& as a bank clearing account for
distribution lots. To this end, it must be defined as a bank clearing
account for distribution lots in the Customizing settings for company
code &SYST-MSGV2&.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Define the account as a bank clearing account for distribution lots in
Customizing for Financial Accounting under <LS>Contract Accounts
Receivable and Payable -> Business Transactions -> Payments ->
Processing Incoming and Outgoing Payments -> <DS:SIMG._FICABTPY_TFK012>
Define Bank Clearing Accounts for Payment Lots</></>.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

IUEEDPPLOTA271 - Details

• The SAP error message IUEEDPPLOTA271 indicates that there is an issue with the configuration of bank clearing accounts in relation to distribution lots in a specific company code. This error typically arises when the system is trying to process a transaction that requires a bank clearing account, but the account has not been defined for the specified company code.
  
  Cause:
  
  Missing Configuration: The bank clearing account for the specified account (indicated by &1) is not defined in the system for the given company code (indicated by &2).
  Incorrect Account Assignment: The account being used in the transaction may not be set up correctly in the financial accounting configuration.
  Data Entry Error: There may be a mistake in the data entry where the wrong account or company code is being referenced.
  
  
  Solution:
  
  
  Define Bank Clearing Account:
  
  Go to the SAP transaction code OBY6 (or the relevant configuration path) to define the bank clearing account for the company code.
  Ensure