F0247 - No payment methods involving bank collection are defined for format &

SAP Error Message - Details

• Message type: E = Error

• Message class: F0 - FI batch program messages

• Message number: 247

• Message text: No payment methods involving bank collection are defined for format &

What causes this issue?

The MT100 Customer Transfer is a payment statement made by the payer.

System Response

As the payment method selected (&V2&) is for bank collection, the
program terminates after being started.

How to fix this error?

Use an appropriate payment method.
<DS:TRAN.FBZP>Proceed</>

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message F0247 - No payment methods involving bank collection are defined for format & ?

  The SAP error message F0247 indicates that there are no payment methods defined for bank collection in the specified format. This error typically arises when you are trying to process a payment or create a payment file, and the system cannot find the necessary configuration for the payment method you are using.
  Cause:
  
  Missing Configuration: The payment method for bank collection is not defined in the system for the specified format.
  Incorrect Format: The format specified in the transaction may not be correctly set up or may not correspond to any defined payment method.
  Payment Method Not Assigned: The payment method may not be assigned to the company code or the relevant configuration settings.
  
  Solution:
  To resolve the error, you can follow these steps:
  
  
  Check Payment Method Configuration:
  
  Go to the transaction code OBPM1 (for payment methods) or FBZP (for payment program configuration).
  Ensure that the payment method you are trying to use is defined for bank collection.
  Check if the payment method is assigned to the correct company code.
  
  
  
  Define Payment Method:
  
  If the payment method is not defined, you will need to create it. In FBZP, navigate to the section for defining payment methods for the company code and create a new entry for the bank collection payment method.
  Ensure that you specify the correct format for the payment method.
  
  
  
  Assign Payment Method to Company Code:
  
  Make sure that the payment method is assigned to the relevant company code in the configuration settings.
  
  
  
  Check Format Settings:
  
  Verify that the format you are using is correctly set up in the system. You can check this in the configuration settings for payment formats.
  
  
  
  Test the Configuration:
  
  After making the necessary changes, test the payment process again to ensure that the error is resolved.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  FBZP: Payment Program Configuration
  OBPM1: Payment Methods
  OBPM2: Payment Methods for Bank Collection
  
  
  Documentation: Refer to SAP Help documentation for detailed steps on configuring payment methods and payment programs.
  User Roles: Ensure that you have the necessary authorizations to make changes to payment method configurations.
  
  If the issue persists after following these steps, it may be helpful to consult with your SAP support team or refer to SAP Notes for any specific patches or updates related to this error.