How To Fix 67_LOAN018 - Reduced pmnt instalm./term not possible for full loan repmnt on maturity


67_LOAN018 - Overview

  • Message type: E = Error

  • Message class: 67_LOAN - Messages for Fin. Asset Management for Loans - Continued

  • Message number: 018

  • Message text: Reduced pmnt instalm./term not possible for full loan repmnt on maturity

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  • Self-Explanatory Message

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67_LOAN018 - Details

  • The SAP error message 67_LOAN018 indicates that a reduced payment installment or term is not possible for a full loan repayment on maturity. This error typically arises in the context of loan management within SAP, particularly when dealing with loan contracts and their repayment schedules.
    
    Cause: The error can occur due to several reasons: Loan Contract Configuration: The loan contract may not be configured to allow for reduced payment installments or terms. This could be due to the terms set during the loan creation. Payment Schedule Issues: The payment schedule may not align with the loan's maturity date, leading to inconsistencies in the expected payment amounts. Regulatory or Business Rules: There may be specific business rules or regulatory requirements that prevent reduced payments for certain types of loans. Incorrect Data Entry: There may be incorrect or incomplete data entered in the loan management system, leading to this error.
    Solution: To resolve the error, consider the following steps: Review Loan

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