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

SAP Error Message - Details

• 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.

Smart SAP Assistant

• What is the cause and solution for SAP error message T0703 - House bank details not permitted for company code and/or currency ?

  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 up for the relevant company code and currency.
  Ensure that the house bank is assigned to the correct company code.
  
  
  
  Verify Currency Settings:
  
  Ensure that the currency used in the transaction matches the currency assigned to the house bank.
  If necessary, create or modify the house bank to include the required currency.
  
  
  
  Review Company Code Settings:
  
  Check the company code settings to ensure that the house bank is allowed for the specific company code.
  You can do this by navigating to the configuration settings for the company code in the Financial Accounting (FI) module.
  
  
  
  User Authorizations:
  
  Ensure that the user has the necessary authorizations to access the house bank details. This can be checked with the security team or by reviewing the user roles and authorizations.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help files for any additional configuration steps that may be required for house banks.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  FI12: House Bank Configuration
  OBHB: Define House Banks
  OBY6: Assign House Banks to Company Codes
  
  
  
  SAP Notes: Check SAP Notes for any known issues or patches related to house bank configurations and error T0703.
  
  
  Testing: After making changes, perform a test transaction to ensure that the error is resolved.
  
  
  By following these steps, you should be able to identify and resolve the issue related to the T0703 error message in SAP. If the problem persists, consider reaching out to your SAP support team for further assistance.