How To Fix 67_LOAN855 - Loan &: The next status required is not possible

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 855

• Message text: Loan &: The next status required is not possible

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

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Smart SAP Assistant

• What is the cause and solution for SAP error message 67_LOAN855 - Loan &: The next status required is not possible ?

  The SAP error message "67_LOAN855 Loan &: The next status required is not possible" typically occurs in the context of loan management within the SAP system. This error indicates that the system is unable to transition a loan to the next status due to certain conditions not being met.
  Causes:
  
  Incorrect Status Transition: The loan may be in a status that does not allow for the requested transition. For example, if a loan is already in a closed status, it cannot be moved to an active status.
  Missing Data: Required fields or data may be missing or incomplete, preventing the status change.
  Business Rules Violation: There may be specific business rules or configurations that restrict the status change based on the current state of the loan.
  Authorization Issues: The user may not have the necessary permissions to perform the status change.
  
  Solutions:
  
  Check Current Status: Review the current status of the loan and ensure that the desired transition is valid. Refer to the status transition rules defined in your SAP configuration.
  Complete Required Fields: Ensure that all mandatory fields are filled out correctly. Check for any missing or incorrect data that may be causing the issue.
  Review Business Rules: Consult with your SAP configuration team to understand any business rules that may be preventing the status change. Adjustments may be needed in the configuration.
  User Authorization: Verify that the user attempting the status change has the necessary authorizations. If not, contact your system administrator to grant the required permissions.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance related to loan management and status transitions.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP for loan management, such as FPM1 (Loan Management) or FPM2 (Loan Processing).
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message. SAP Notes can provide insights into specific bugs or configuration issues.
  Support: If the issue persists, consider reaching out to SAP support or your internal IT support team for further assistance.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.