How To Fix 67_LOAN072 - A repayment item with the 'Eff.from' date & already exists

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 072

• Message text: A repayment item with the 'Eff.from' date & already exists

What causes this issue?

A condition item with the same "Effective from" date was already added
for an earlier unscheduled repayment.

System Response

The system does not update the instalment payment in the conditions.

How to fix this error?

Enter the new instalment payment manually.

Procedure for System Administrators

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

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 67_LOAN072 - A repayment item with the 'Eff.from' date & already exists ?

  The SAP error message 67_LOAN072 indicates that there is an attempt to create a repayment item with an effective date that already exists in the system. This typically occurs in the context of loan management or financial transactions where repayment schedules are being processed.
  Cause:
  
  
  Duplicate Entry: The most common cause of this error is that a repayment item with the same effective date has already been created in the system. This can happen if:
  
  The user is trying to enter a repayment for a date that has already been processed.
  There is a system or user error that leads to duplicate entries being attempted.
  
  
  
  Incorrect Date Input: The user may have mistakenly entered the same effective date for multiple repayment items.
  
  
  Data Migration Issues: If data has been migrated from another system, there may be duplicate entries that were not properly handled.
  
  
  Solution:
  
  
  Check Existing Repayment Items: 
  
  Review the existing repayment items for the loan in question. Look for any entries with the same effective date.
  You can do this by navigating to the relevant transaction in SAP and checking the repayment schedule.
  
  
  
  Modify the Effective Date: 
  
  If you find that the effective date is indeed a duplicate, you will need to change the effective date of the new repayment item to a date that does not conflict with existing entries.
  
  
  
  Delete or Adjust Existing Entries: 
  
  If the existing repayment item is incorrect or needs to be adjusted, consider deleting or modifying it, provided that it is permissible within your business processes.
  
  
  
  Consult Documentation: 
  
  Review any relevant documentation or guidelines for your organization regarding loan repayment processing to ensure compliance with procedures.
  
  
  
  Contact Support: 
  
  If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting with a functional consultant who specializes in loan management.
  
  
  
  Related Information:
  
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP for loan management, such as:
  
  FTR_EDIT: For editing financial transactions.
  FTR_CREATE: For creating new financial transactions.
  
  
  
  SAP Notes: Check for any SAP Notes related to this error message for additional insights or patches that may address the issue.
  
  
  User Training: Ensure that users involved in loan management are adequately trained to avoid duplicate entries and understand the importance of effective dates.
  
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.