How To Fix /PF1/MSG_FH_EXC001 - Clearing area for the bank key/BIC &1 not found

SAP Error Message - Details

• Message type: E = Error

• Message class: /PF1/MSG_FH_EXC -

• Message number: 001

• Message text: Clearing area for the bank key/BIC &1 not found

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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message /PF1/MSG_FH_EXC001 - Clearing area for the bank key/BIC &1 not found ?

  The SAP error message /PF1/MSG_FH_EXC001 Clearing area for the bank key/BIC &1 not found typically indicates that the system is unable to find a clearing area associated with the specified bank key or Bank Identifier Code (BIC). This can occur in various financial transactions, particularly in the context of payment processing or bank reconciliation.
  Cause:
  
  Missing Configuration: The clearing area for the specified bank key/BIC has not been configured in the system.
  Incorrect Bank Key/BIC: The bank key or BIC entered in the transaction may be incorrect or does not exist in the system.
  Data Inconsistency: There may be inconsistencies in the master data related to banks or payment methods.
  Authorization Issues: The user may not have the necessary authorizations to access the clearing area.
  
  Solution:
  
  
  Check Configuration:
  
  Navigate to the configuration settings for bank keys and clearing areas in SAP. This is typically found in the Financial Accounting (FI) module.
  Ensure that the clearing area for the specified bank key/BIC is properly defined. You can do this by checking the settings in transaction code OBPM1 (for bank master data) or OBY6 (for payment methods).
  
  
  
  Verify Bank Key/BIC:
  
  Double-check the bank key or BIC entered in the transaction. Ensure that it matches the entries in the bank master data.
  Use transaction code FI12 to view the bank master data and confirm that the bank key/BIC exists.
  
  
  
  Update Master Data:
  
  If the clearing area is missing, you may need to create or update the bank master data to include the necessary clearing area.
  Ensure that all relevant fields are filled out correctly, including the clearing area.
  
  
  
  Check Authorizations:
  
  Verify that the user has the necessary authorizations to access the bank master data and perform the transaction.
  If needed, consult with your SAP security team to ensure proper roles and permissions are assigned.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources for additional guidance on configuring bank keys and clearing areas.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  OBPM1: Maintain Bank Master Data
  FI12: Display Bank Master Data
  OBY6: Define Payment Methods
  
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  Support: If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting the SAP Community for further assistance.
  
  By following these steps, you should be able to resolve the error message and ensure that the clearing area for the specified bank key/BIC is correctly configured in your SAP system.