How To Fix 67_LOAN026 - Choose a valid flow type

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 026

• Message text: Choose a valid flow type

What causes this issue?

For early repayments only use flow types from the following categories:
S (Outflow)
SA (Rolling repayment)
TZ (Interest)
TB (Charges)
TA (Discount Outgoing / incoming payment)
<ZH>Note 1:</> Flow types from category TA are only permitted for
product types managed on the basis of customer accounts.

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

The following flow types apply for charges:
Flow types from all categories with activity indicator '04' are
permitted (incoming payment) with the exception of those from categories
KEIG and KFRE.
Flow types from all categories without activity indicator '04' are
permitted (incoming payment) with the exception of those from categories
KT,S, SA and TTS.
The following flow types apply for individual charges:
Flow types from all categories with activity indicator '04' are
permitted (incoming payment) with the exception of those from categories
KEIG and KFRE.
Flow types from all categories without activity indicator '04' are
permitted (incoming payment) with the exception of those from categories
,S, SA, and TTS.
<ZH> Note 2</>: Flow types from categories KEIG and KFRE with the
activity indicator '01' (receivable), which do not belong to product
types managed on the basis of customer accounts, are always invalid.

System Response

How to fix this error?

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 67_LOAN026 - Choose a valid flow type ?

  The SAP error message 67_LOAN026: Choose a valid flow type typically occurs in the context of SAP's Loan Management module. This error indicates that the flow type you are trying to use is not valid for the operation you are attempting to perform. Here’s a breakdown of the cause, potential solutions, and related information:
  Cause:
  
  Invalid Flow Type: The flow type you selected does not exist or is not configured correctly in the system.
  Configuration Issues: The flow type may not be assigned to the relevant transaction or may not be active in the system.
  Data Entry Error: There may be a mistake in the data entry, such as selecting the wrong flow type from a dropdown list.
  Authorization Issues: The user may not have the necessary authorizations to use the selected flow type.
  
  Solution:
  
  
  Check Flow Type Configuration:
  
  Go to the configuration settings in SAP (Transaction SPRO) and navigate to the Loan Management settings.
  Verify that the flow type you are trying to use is defined and active.
  
  
  
  Select a Valid Flow Type:
  
  Review the list of available flow types in the transaction you are using and ensure you select one that is valid for the operation.
  
  
  
  Review Transaction Settings:
  
  Ensure that the transaction you are using is set up to accept the flow type you are trying to use. This may involve checking the transaction type settings.
  
  
  
  User Authorizations:
  
  Check if the user has the necessary authorizations to access the flow type. This can be done by reviewing the user roles and authorizations in the system.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help files related to Loan Management for specific details on valid flow types and their usage.
  
  
  
  Contact Support:
  
  If the issue persists, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  
  
  Related Information:
  
  Flow Types: In SAP Loan Management, flow types are used to categorize different types of financial transactions. Each flow type has specific characteristics and is linked to various processes.
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP that pertain to Loan Management, such as those for creating, changing, or displaying loan data.
  SAP Notes: Check for any SAP Notes related to this error message, as they may provide additional insights or patches that address known issues.
  
  By following these steps, you should be able to resolve the error message 67_LOAN026 and proceed with your transaction in SAP.