The problem of the calculation of equilibrium thermodynamic properties and the establishment of statistical-thermodynamically consistent finite bound-state partition functions in nonideal multicomponent plasma systems is revised within the chemical picture. The present exploration accompanied by the introduction of a generalized consistent formulation, in terms of the solution of the inverse problem, clears ambiguities and gives a better understanding of the problem on top of pointing out weaknesses and inaccuracies/inconsistencies buried in widely used models in literature.