Cannot create BP from Vendor using transaction FLBPC1

Hello Experts,

When creting BP from the Vendor am facing an issue, for the vendor entries with the Industry key field(BRSCH)blank the BP are being created but when i am trying to create BP with the vendor with indusrty key field I am getting an error "No business partner could be created for vendor #####".

Please help.

Thanks in Advance.

Regards,

Varun