How To Fix 67_LOAN502 - On key date &3, loan &1 / &2 has not yet been disbursed

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 502

• Message text: On key date &3, loan &1 / &2 has not yet been disbursed

What causes this issue?

The system has not yet disbursed loan &v2& in company code &v1& on key
date &v3&. Only disbursed loans are included in the evaluation.

System Response

The system is unable to evaluate the loan.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 67_LOAN502 - On key date &3, loan &1 / &2 has not yet been disbursed ?

  The SAP error message 67_LOAN502 indicates that on a specified key date, a loan identified by the loan number and company code has not yet been disbursed. This error typically arises in the context of loan management within SAP, particularly when trying to perform actions related to a loan that has not been fully processed or activated.
  Cause:
  
  Loan Not Disbursed: The primary cause of this error is that the loan has been created but has not yet been disbursed. This means that the funds have not been released to the borrower.
  Incorrect Key Date: The key date specified in the transaction may not correspond to a date when the loan was active or disbursed.
  Incomplete Loan Setup: There may be missing information or steps in the loan setup process that prevent the loan from being disbursed.
  System Configuration Issues: There could be configuration issues in the SAP system that affect loan processing.
  
  Solution:
  
  Check Loan Status: Verify the status of the loan in the system. Ensure that the loan is indeed set up correctly and is in a state that allows for disbursement.
  Disburse the Loan: If the loan is not disbursed, you will need to initiate the disbursement process. This typically involves executing the appropriate transaction to release the funds.
  Review Key Date: Ensure that the key date you are using is correct and corresponds to a date when the loan should be active. If necessary, adjust the key date.
  Complete Loan Setup: If there are any missing steps in the loan setup, complete those steps to ensure the loan is fully processed.
  Consult Documentation: Refer to SAP documentation or user manuals for specific steps related to loan disbursement and management.
  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:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes for loan management in SAP, such as those for creating, modifying, and disbursing loans.
  SAP Notes: Check for any SAP Notes related to loan management that may address known issues or provide additional guidance.
  User Roles and Permissions: Ensure that the user attempting to disburse the loan has the necessary permissions to perform this action in the SAP system.
  System Logs: Review system logs for any additional error messages or warnings that may provide more context about the issue.
  
  By following these steps, you should be able to resolve the error message 67_LOAN502 and successfully manage the loan in SAP.