How To Fix T0703 - House bank details not permitted for company code and/or currency

T0703 - Overview

• Message type: E = Error

• Message class: T0 - General Treasury

• Message number: 703

• Message text: House bank details not permitted for company code and/or currency

What causes this issue?

You have specified payment details that are not allowed for this
company code or currency.

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?

Specify payment details that are permitted for the relevant
currency.

Error message extract from SAP system. Copyright SAP SE.

T0703 - Details

• The SAP error message T0703, which states "House bank details not permitted for company code and/or currency," typically occurs when there is an issue with the configuration of house bank details in relation to the company code or currency being used in a transaction. Here’s a breakdown of the cause, potential solutions, and related information:
  
  Cause:
  
  Incorrect Configuration: The house bank may not be properly configured for the specific company code or currency in the system.
  Missing House Bank: The house bank might not be assigned to the company code or the currency in question.
  Currency Mismatch: The currency used in the transaction does not match the currency assigned to the house bank.
  Authorization Issues: The user may not have the necessary authorizations to access the house bank details for the specified company code or currency.
  
  
  Solution:
  
  
  Check House Bank Configuration:
  
  Go to the transaction code FI12 (House Bank) and verify that the house bank is correctly set