How To Fix 67160 - Loan cannot be overredeemed on &1 for capital available on &2

67160 - Overview

• Message type: E = Error

• Message class: 67 - Loans Messages - Financial Assets Management

• Message number: 160

• Message text: Loan cannot be overredeemed on &1 for capital available on &2

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message 67160 - Loan cannot be overredeemed on &1 for capital available on &2 ?

  The SAP error message 67160, "Loan cannot be overredeemed on &1 for capital available on &2," typically occurs in the context of financial transactions related to loans and capital management within the SAP system. This error indicates that there is an attempt to redeem a loan amount that exceeds the available capital for that loan on a specific date.
  
  Cause:
  
  Overredemption Attempt: The primary cause of this error is that the redemption amount being processed is greater than the available capital for the loan on the specified date.
  Incorrect Loan Configuration: There may be issues with how the loan is set up in the system, including limits on redemption amounts.
  Data Entry Errors: Mistakes in entering the redemption amount or the date can lead to this error.
  Capital Availability: The capital available for redemption may not have been updated or may be lower than expected due to prior transactions.
  
  
  Solution:
  
  Check Available Capital: Verify the available capital