How To Fix >U705 - Selection of paying company code is not possible

SAP Error Message - Details

• Message type: E = Error

• Message class: >U -

• Message number: 705

• Message text: Selection of paying company code is not possible

Self-Explanatory Message

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• What is the cause and solution for SAP error message >U705 - Selection of paying company code is not possible ?

  The SAP error message "U705 Selection of paying company code is not possible" typically occurs in the context of financial transactions, particularly when dealing with payment processing or invoice clearing. This error indicates that the system is unable to select a paying company code for the transaction you are trying to execute. Here are some common causes, solutions, and related information for this error:
  Causes:
  
  
  Company Code Configuration: The company code you are trying to use may not be properly configured for the payment process. This could include missing settings in the payment program or the company code not being assigned to the relevant payment methods.
  
  
  Payment Method Issues: The payment method you are using may not be valid for the selected company code. Each company code can have specific payment methods assigned to it.
  
  
  Master Data Issues: The vendor or customer master data may not be correctly set up. For example, the vendor may not be assigned to the correct company code.
  
  
  Authorization Issues: The user may not have the necessary authorizations to execute transactions for the specified company code.
  
  
  Inactive Company Code: The company code may be inactive or not available for transactions.
  
  
  Solutions:
  
  
  Check Company Code Configuration:
  
  Go to the configuration settings for the company code in transaction code OBY6 and ensure that all necessary settings are in place.
  Verify that the company code is active and properly configured for the payment program.
  
  
  
  Review Payment Methods:
  
  Check the payment method configuration in transaction code FBZP to ensure that the payment method is assigned to the company code you are using.
  Ensure that the payment method is valid for the transaction type you are processing.
  
  
  
  Verify Master Data:
  
  Check the vendor or customer master data in transaction codes XK03 (for vendors) or FD03 (for customers) to ensure that they are correctly assigned to the relevant company code.
  Make sure that the necessary bank details are maintained for the vendor or customer.
  
  
  
  Check User Authorizations:
  
  Ensure that the user has the necessary authorizations to perform transactions for the specified company code. This can be checked with the help of your SAP security team.
  
  
  
  Consult with SAP Basis Team:
  
  If the company code is inactive, consult with your SAP Basis or configuration team to determine if it needs to be activated or if there are any restrictions in place.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  FBZP: Payment Program Configuration
  OBY6: Company Code Global Settings
  XK03: Display Vendor
  FD03: Display Customer
  
  
  
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message. You can search for relevant notes in the SAP Support Portal.
  
  
  Documentation: Review SAP documentation related to payment processing and company code configuration for more detailed guidance.
  
  
  If the issue persists after checking the above points, it may be beneficial to consult with your SAP support team or reach out to SAP support for further assistance.