F110 - No valid payment method found

[Former Member]

Hi

We have multiple company codes for a client. For all Company codes local currency is u201CUSDu201D and hard currency is some thing else like GBP,CAD, EUR etc.

We have created a new payment method u201CXu201D to allow cross currency transaction in FBZP.

When we do payment run (F110), it is working fine in case of some Company codes and not working in some Company codes showing error u201CNo valid payment method foundu201D.

But it is not giving any error in case invoice made in hard currency like GBP, EUR for that Company codes. It is creating problem when vendor invoice is created in other currency like USD etc.

I have created a fresh GL accounts for Bank with currency "USD".

Now, I am able to complete the payment run by reallocating payments (Edit ->payment proposal).

Can you please advise why it is picking invoice items directly and how it is allowing the payments in case of reallocation?

Thanks in advance

[Former Member · Accepted solution]

Hi,

For that Error check the setting in payment method in company code at FBZP

Select payment method in company code button

There select Foreign currency allowed and select no optimization radio button.

May be this information is useful to you

If you have any doubt feel free to ask

Regards

Surya

[Former Member · Accepted solution]

Hi Surya,

I have checked the configuration settings. Both foreign currency allowed and no optimization radio buttons are selected.

Still this error is coming.

Thanks

[Former Member · Accepted solution]

Hello Murali

In payment method/country have you allowed for these multiple currencies...

And under the payment method/company code have u checked the 'foreign business partner allowed'

Hope this helps

Rukshana

[Former Member]

Currency in House Bank/Bank ID caused the issue.

[former_member184992]

Dear Murali,

Tthe simplest way to find such an error is to activate additional job log for relevant account.

Please remember that you are able to activate additional log for all or for specific accounts. If you don't specify an account, additional log is not working.

This error could come from the following customizing settings: (some you may have already checked)

A.- Assignment with house bank and a payment method.

Please go to Tcd:FBZP -> Bank determination

1) Choose company code

2) Ranking order : Make sure you have currency + payment method

assigned for house bank you intend to use.

3) Bank accounts : Make sure that you have payment method assigned

for currency /house bank/accountID/Bank subaccount.

4) Available amounts : Make sure that 'available for outgoing paymen

is filled for house bank/account ID from (3) and currency.

B.-If the vendor is not from the country of the company code, please

also check:

Tcd:FBZP > Pmnt methods in company code -> choose your CC / payment

method:C => 'Foreign business partner allowed" flag must be ticked

on for this payment.

C.-If you have required master record specifications flagged, however

there is any address info in the master data of the vendor.

Tcd:FBZP > PAYMENT METHOD IN COUNTRY > Select your payment method

Goto the tab > required master record specifications, check

if you switched on the flag on:

x Street, PO box, P.O. box pst code

x Bank details

Run FK03 for the vendor and check if address (Street, PO box and P.O box pst code) are empty.

Many different reasons can cause an error when the run proposal is executed, it will be very useful to activate 'the additional log' in order to analize it.

Solution

Delete proposal.

Edit; Parameters; Maintain parameters.

Edit; Additional log

Depending on the error message, activate additional log for

- payment method selection for the appropriate vendor.

Then reschedule the proposal and display/print the log.The problem must be explained in the additional log.

I hope it helps.

Best Regards,

Vanessa.

[Former Member]

Hi Venessa,

I have checked settings in FBZP and every thing is fine. Bank details are maintained in Vendor master. Open items in vendor are not picked in payment proposal.

When I go to edit proposal, by doing reallocation I am able to make payment run successfully.

I wanted to know why it is not picking automatically and why it is allowing in case reallocation for the same vendor.

Thanks