How To Fix T7124 - For CoCd &1 transaction &2: bank data is not available for payer/payee &3

SAP Error Message - Details

• Message type: E = Error

• Message class: T7 - Forex entry

• Message number: 124

• Message text: For CoCd &1 transaction &2: bank data is not available for payer/payee &3

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 T7124 - For CoCd &1 transaction &2: bank data is not available for payer/payee &3 ?

  The SAP error message T7124 indicates that there is an issue with bank data for a specific payer or payee in a given company code (CoCd) and transaction. This error typically arises when the system cannot find the necessary bank details for the specified payer or payee in the relevant configuration or master data.
  Cause:
  
  Missing Bank Data: The most common cause is that the payer or payee does not have any bank details maintained in their master data.
  Incorrect Configuration: There may be issues with the configuration of the payment methods or bank details in the system.
  Data Inconsistency: There could be inconsistencies in the master data, such as incorrect company code assignments or missing entries.
  Inactive Vendor/Customer: The vendor or customer might be inactive or not properly set up in the system.
  
  Solution:
  
  
  Check Master Data:
  
  Go to the vendor or customer master data (transaction codes like FK03 for vendors or FD03 for customers).
  Verify that the bank details are correctly maintained for the relevant company code.
  Ensure that the payer/payee has valid bank accounts assigned.
  
  
  
  Maintain Bank Data:
  
  If bank data is missing, you can add it using the appropriate transaction (e.g., FK02 for vendors or FD02 for customers).
  Ensure that the bank account is active and correctly linked to the payer/payee.
  
  
  
  Review Payment Method Configuration:
  
  Check the configuration of payment methods in the system (transaction code OBPM1 for payment methods).
  Ensure that the payment method used in the transaction is correctly set up to allow for bank data retrieval.
  
  
  
  Check for Inactive Records:
  
  Ensure that the vendor or customer is active and not flagged for deletion.
  If the record is inactive, you may need to reactivate it or create a new record.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources for additional context on the error message and related configurations.
  
  
  
  Testing:
  
  After making the necessary changes, perform a test transaction to ensure that the error no longer occurs.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FK03, FD03, FK02, FD02, and OBPM1.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  User Authorizations: Ensure that the user has the necessary authorizations to view and edit master data.
  
  By following these steps, you should be able to resolve the T7124 error and ensure that the necessary bank data is available for the specified payer or payee.