How To Fix /PF1/MSG_PO_EH516 - Account does not exist in Bank Account Management

SAP Error Message - Details

• Message type: E = Error

• Message class: /PF1/MSG_PO_EH -

• Message number: 516

• Message text: Account does not exist in Bank Account Management

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_PO_EH516 - Account does not exist in Bank Account Management ?

  The SAP error message /PF1/MSG_PO_EH516 indicating "Account does not exist in Bank Account Management" typically arises in the context of managing bank accounts within the SAP system, particularly when dealing with payment processing or bank account-related transactions.
  Cause:
  
  Missing Bank Account: The bank account you are trying to use may not be set up in the Bank Account Management module.
  Incorrect Configuration: The configuration settings for Bank Account Management may not be correctly set up, leading to the system not recognizing the account.
  Data Inconsistency: There may be inconsistencies in the data, such as incorrect account numbers or missing entries in the relevant tables.
  Authorization Issues: The user may not have the necessary authorizations to access the bank account information.
  
  Solution:
  
  
  Check Bank Account Setup:
  
  Navigate to the Bank Account Management module and verify that the bank account in question is correctly set up.
  Ensure that the account is active and properly linked to the relevant company code.
  
  
  
  Verify Configuration:
  
  Check the configuration settings in the SAP system for Bank Account Management. Ensure that all necessary parameters are correctly defined.
  Use transaction codes like FI12 (for Bank Master Data) to review the bank account details.
  
  
  
  Data Consistency Check:
  
  Run consistency checks to ensure that all necessary data is present and correct. This may involve checking related tables in the database.
  Use transaction codes like SE16 to view the relevant tables and confirm that the account exists.
  
  
  
  User Authorizations:
  
  Ensure that the user encountering the error has the necessary authorizations to access and manage bank accounts. This may involve checking roles and permissions in the user profile.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance on Bank Account Management and troubleshooting related issues.
  
  
  
  Contact Support:
  
  If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting SAP Notes for any known issues or patches related to this error.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FI12 (Bank Master Data), FIBL (Bank Account Management), and OBPM1 (Bank Account Management Configuration).
  SAP Notes: Search for SAP Notes related to Bank Account Management and the specific error message for additional insights and solutions.
  User Forums: Engage with SAP community forums or user groups where similar issues may have been discussed, providing additional context or solutions.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.