How To Fix 67416 - Only loan with dunning summarization level &: Activate posting of charges

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 416

• Message text: Only loan with dunning summarization level &: Activate posting of charges

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message 67416 - Only loan with dunning summarization level &: Activate posting of charges ?

  The SAP error message 67416, "Only loan with dunning summarization level &: Activate posting of charges," typically occurs in the context of loan management and dunning processes within the SAP system. This error indicates that there is an issue with the configuration of dunning levels for loans, specifically related to the posting of charges.
  Cause:
  
  Dunning Summarization Level: The error suggests that the loan in question is not set up with the appropriate dunning summarization level that allows for the posting of charges. This could be due to incorrect configuration in the loan management settings.
  Missing Configuration: The dunning process may not be properly configured for the specific loan type or customer account, leading to this error when attempting to post charges.
  Loan Type Restrictions: Certain loan types may have restrictions on how charges are posted, and if the loan does not meet the criteria, this error can occur.
  
  Solution:
  
  
  Check Dunning Configuration:
  
  Navigate to the dunning configuration settings in SAP (Transaction code: SPRO).
  Ensure that the dunning summarization level is correctly set for the loan type in question.
  Verify that the dunning procedure allows for the posting of charges.
  
  
  
  Adjust Loan Settings:
  
  Review the loan master data to ensure that it is configured correctly.
  Check if the loan is assigned to the correct dunning group and that the dunning levels are properly defined.
  
  
  
  Activate Posting of Charges:
  
  If the dunning summarization level does not allow for charge postings, you may need to adjust the settings to enable this feature.
  Consult with your SAP administrator or a functional consultant to make the necessary changes.
  
  
  
  Testing:
  
  After making the changes, perform a test transaction to ensure that the error no longer occurs and that charges can be posted successfully.
  
  
  
  Related Information:
  
  Documentation: Refer to SAP Help documentation for detailed information on dunning processes and loan management configurations.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as:
  
  SPRO: Customizing settings
  FBL1N: Vendor line item display
  FBL5N: Customer line item display
  
  
  Support: If the issue persists after checking configurations, consider reaching out to SAP support or consulting with an SAP expert for further assistance.
  
  By following these steps, you should be able to resolve the error message 67416 and ensure that the posting of charges for loans is functioning correctly.