How To Fix /PF1/MSG_CP701 - An error occurs during specific Bank File Clearing creation

/PF1/MSG_CP701 - Overview

• Message type: E = Error

• Message class: /PF1/MSG_CP -

• Message number: 701

• Message text: An error occurs during specific Bank File Clearing creation

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.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message /PF1/MSG_CP701 - An error occurs during specific Bank File Clearing creation ?

  The SAP error message /PF1/MSG_CP701 typically indicates that there is an issue during the creation of a specific bank file clearing. This error can arise from various causes, and the solutions may vary depending on the specific circumstances. Here are some common causes and potential solutions:
  Causes:
  
  
  
  Configuration Issues: Incorrect configuration settings in the bank clearing process can lead to errors. This includes settings related to bank accounts, payment methods, or clearing accounts.
  
  
  Data Inconsistencies: Missing or inconsistent data in the relevant master data (e.g., vendor or customer master records) can cause issues during the clearing process.
  
  
  Authorization Problems: Lack of proper authorizations for the user trying to execute the bank file clearing can lead to errors.
  
  
  Technical Issues: There may be underlying technical issues, such as problems with the database, system performance, or bugs in the SAP system.
  
  
  File Format Issues: If the bank file format does not match the expected format, it can lead