How To Fix P9500 - Payment method initialization not possible

P9500 - Overview

• Message type: E = Error

• Message class: P9 - EU-Specific Messages: Pymnt Program, Banks, Pymnt Methods

• Message number: 500

• Message text: Payment method initialization not possible

What causes this issue?

It is not possible to initialize the payment methods specified in the
payment run. This is probably because they are not correctly maintained
in the Customizing tables (TBKPD, TBKZW, TBKFK).

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message P9500 - Payment method initialization not possible ?

  The SAP error message P9500, "Payment method initialization not possible," typically occurs in the context of payment processing within the SAP system. This error can arise due to various reasons related to configuration, master data, or system settings. Below are some common causes, potential solutions, and related information for this error:
  Causes:
  
  
  Missing Configuration: The payment method may not be properly configured in the system. This includes settings in the payment method configuration (transaction code OBPM1 for payment methods in company codes).
  
  
  Invalid Payment Method: The payment method being used may not be valid for the specific transaction or document type.
  
  
  Master Data Issues: The vendor or customer master data may not have the required payment method assigned or may be incomplete.
  
  
  Company Code Settings: The payment method may not be assigned to the relevant company code.
  
  
  Payment Method Not Active: The payment method may not be active for the specific payment run or transaction.
  
  
  Authorization Issues: