How To Fix 67_LOAN030 - Adjust the end of term calculated previously as a result of the repayment

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 030

• Message text: Adjust the end of term calculated previously as a result of the repayment

What causes this issue?

You have deleted an activated business operation involving an
unscheduled repayment. When the business operation was activated, the
term of the loan, and possibly the fixed period, were shortened.

System Response

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

How to fix this error?

Check whether the end of term and the end of the fixed period displayed
in the condition data are still correct. If necessary, you can
recalculate the end of the term or enter it manually using the "Change
contract" function. You can also change the fixed period manually.

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_LOAN030 - Adjust the end of term calculated previously as a result of the repayment ?

  The SAP error message 67_LOAN030 typically relates to issues in the loan management module, specifically concerning the adjustment of the end of term for a loan after a repayment has been made. This error indicates that the system has detected a discrepancy in the loan's end-of-term calculations following a repayment event.
  Cause:
  
  Repayment Amount Issues: The repayment amount may not align with the expected payment schedule, leading to inconsistencies in the loan's amortization schedule.
  Incorrect Loan Configuration: The loan terms or conditions may not be set up correctly, causing the system to miscalculate the end of term.
  Data Entry Errors: Manual entry errors during the repayment process can lead to incorrect data being recorded.
  System Configuration: There may be issues with the configuration of the loan management module in SAP, affecting how repayments are processed and how the end of term is calculated.
  Changes in Interest Rates: If there are changes in interest rates or terms that were not properly updated in the system, it could lead to discrepancies.
  
  Solution:
  
  Review Repayment Details: Check the repayment details to ensure that the amount and date are correct. Verify that the repayment aligns with the loan agreement.
  Adjust Loan Terms: If necessary, adjust the loan terms in the system to reflect any changes or corrections needed.
  Recalculate End of Term: Use the appropriate transaction in SAP to recalculate the end of term for the loan after making any necessary adjustments.
  Check Configuration Settings: Review the configuration settings for the loan management module to ensure they are set up correctly. This may involve consulting with a system administrator or SAP consultant.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on handling this error message.
  Contact SAP Support: If the issue persists, consider reaching out to SAP support for assistance, especially if it appears to be a system-related issue.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP for loan management, such as FTR_EDIT for editing loan contracts or FTR_CREATE for creating new loan contracts.
  SAP Notes: Check for any SAP Notes related to this error message, as they may provide specific fixes or patches.
  User Forums: Engage with SAP user forums or communities where similar issues may have been discussed, providing insights or solutions from other users' experiences.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.