EDI partner & & (payment advice): Partner profile does not exist

What causes this issue?

Acccording to the master record, partner &V1& &V2& should receive
payment advice notes per EDI. However, no EDI profile exists for this
partner. The error occurred in payment document &V3& in company code
&V4&.

System Response

A payment advice was printed for partner &V1&.

How to fix this error?

Maintain the EDI partner profile for partner &V1& &V2&.
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Error message extract from SAP system. Copyright SAP SE.