How To Fix 67_LOAN055 - Planned recs cannot be entered (posting not allowed for contr. status &)

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 055

• Message text: Planned recs cannot be entered (posting not allowed for contr. status &)

What causes this issue?

You are not permitted to enter flows or business operations in the
current contract status.

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?

Before you enter flows, the contract must in a status that permits
postings.

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_LOAN055 - Planned recs cannot be entered (posting not allowed for contr. status &) ?

  The SAP error message 67_LOAN055 indicates that planned receipts (recs) cannot be entered because posting is not allowed for the contract status. This typically occurs in the context of loan management or financial contracts within SAP.
  Cause:
  The error is usually caused by one of the following reasons:
  
  Contract Status: The contract associated with the planned receipts is in a status that does not allow for posting. This could be due to the contract being closed, completed, or in a status that restricts further financial transactions.
  Configuration Settings: The system configuration may restrict certain actions based on the contract status. This is often set up in the loan management module or financial accounting settings.
  User Authorizations: The user may not have the necessary authorizations to perform actions on contracts with certain statuses.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Contract Status:
  
  Navigate to the contract in question and check its current status. If it is closed or completed, you may need to reopen it or create a new contract for further transactions.
  
  
  
  Review Configuration:
  
  Consult with your SAP administrator or financial module configuration team to review the settings related to contract statuses. Ensure that the statuses are configured correctly to allow planned receipts where appropriate.
  
  
  
  User Authorizations:
  
  Verify that the user has the necessary permissions to post planned receipts for the specific contract status. If not, the user may need to be granted additional authorizations.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific details on contract statuses and their implications for posting transactions.
  
  
  
  Contact Support:
  
  If the issue persists after checking the above points, consider reaching out to SAP support or your internal IT support team for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like FBL1N (Vendor Line Item Display) or FBL3N (G/L Account Line Item Display) to review related financial documents.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error message or provide additional context.
  Training: Ensure that users are trained on the implications of contract statuses and how they affect financial postings in SAP.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to allow for the planned receipts to be entered successfully.