How To Fix PZ088 - No clearing account for company code &1 found

PZ088 - Overview

• Message type: E = Error

• Message class: PZ - Messages: Payment program for payment requests

• Message number: 088

• Message text: No clearing account for company code &1 found

What causes this issue?

No clearing account for payment requests was found for company code
&V1&.

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 a clearing account for payment requests for company code &V1&.
Then execute the following activity in the IMG for <LS>Bank Accounting
</>:
<LS><DS:SIMG.FIBL_V_ATPRA_FI>Define Clearing Accounts for Cross-Country
Bank Account Transfers</></>

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

PZ088 - Details

• The SAP error message PZ088 "No clearing account for company code &1 found" typically occurs in the context of financial transactions, particularly when dealing with clearing accounts in the SAP system. This error indicates that the system cannot find a designated clearing account for the specified company code, which is necessary for processing certain financial transactions.
  
  Cause:
  
  Missing Clearing Account Configuration: The most common cause of this error is that the clearing account has not been defined for the specified company code in the configuration settings.
  Incorrect Company Code: The company code specified in the transaction may be incorrect or not properly set up in the system.
  Transaction Type: The type of transaction being processed may require a clearing account that has not been set up.
  Master Data Issues: There may be issues with the master data related to the accounts involved in the transaction.
  
  
  Solution:
  
  
  Define Clearing Account:
  
  Go to the SAP configuration (SPRO) and navigate to