How To Fix 67162 - Reductions can only be entered in contract status

67162 - Overview

• Message type: E = Error

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

• Message number: 162

• Message text: Reductions can only be entered in contract status

What causes this issue?

You can only enter a capital reduction in contract status and not in
application or contract status.

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

System Response

How to fix this error?

Reduce the commitment capital.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 67162 - Reductions can only be entered in contract status ?

  The SAP error message 67162, which states "Reductions can only be entered in contract status," typically occurs in the context of contract management within SAP, particularly when dealing with pricing or reductions in contracts. This error indicates that the system is preventing the entry of reductions because the contract is not in the appropriate status that allows for such changes.
  
  Cause:
  
  Contract Status: The contract may not be in a status that allows for reductions. For example, it might be in a status like "Completed" or "Closed," where modifications are restricted.
  Authorization Issues: The user may not have the necessary permissions to make changes to the contract.
  System Configuration: There may be specific configurations in the SAP system that restrict changes to contracts based on their status.
  
  
  Solution:
  
  Check Contract Status: Verify the current status of the contract. If it is not in a status that allows for reductions (e.g., "Active" or "Open"), you may need