1K521 - Bank area &1, Acct &2: Error when fetching bank statement periodicity

SAP Error Message - Details

• Message type: E = Error

• Message class: 1K - BCA: Account Type

• Message number: 521

• Message text: Bank area &1, Acct &2: Error when fetching bank statement periodicity

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.

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AnswerBot

• What is the cause and solution for SAP error message 1K521 - Bank area &1, Acct &2: Error when fetching bank statement periodicity ?

  The SAP error message 1K521 indicates that there is an issue with fetching the bank statement periodicity for a specific bank area and account. This error typically arises in the context of bank accounting and can be related to configuration or data issues.
  Cause:
  
  Configuration Issues: The bank area or account may not be properly configured in the system. This could include missing or incorrect settings in the bank master data or the bank statement configuration.
  Missing Data: The periodicity settings for the bank statement may not be defined for the specified bank area and account.
  Authorization Issues: The user may not have the necessary authorizations to access the bank statement data for the specified bank area and account.
  Technical Issues: There could be underlying technical issues, such as problems with the database or the application server.
  
  Solution:
  
  
  Check Configuration:
  
  Go to the transaction code OBBA (for bank area configuration) and verify that the bank area is correctly set up.
  Check the bank master data using transaction code FI01 or FI02 to ensure that the account is correctly configured.
  
  
  
  Define Periodicity:
  
  Ensure that the periodicity for bank statements is defined for the specific bank area and account. This can typically be done in the bank statement configuration settings.
  
  
  
  Review Authorizations:
  
  Check the user’s authorizations to ensure they have the necessary permissions to access the bank statement data. This can be done through transaction code SU53 to analyze authorization failures.
  
  
  
  Check for Technical Issues:
  
  If the configuration and data are correct, check for any technical issues. This may involve looking at system logs or consulting with your SAP Basis team to ensure that the system is functioning correctly.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or notes related to bank statement processing for any additional guidance or known issues.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  OBBA: Bank area configuration
  FI01/FI02: Create/Change Bank Master Data
  SU53: Authorization check analysis
  
  
  SAP Notes: Search for relevant SAP Notes in the SAP Support Portal that may address this specific error message or provide additional troubleshooting steps.
  SAP Community: Engage with the SAP Community forums for insights from other users who may have encountered similar issues.
  
  If the problem persists after following these steps, it may be beneficial to reach out to your SAP support team or consult with an SAP expert for further assistance.