How To Fix 6D197 - Financing type &1 &2 already exists on &3. 2nd entry not possible

SAP Error Message - Details

• Message type: E = Error

• Message class: 6D - Real Estate Messages

• Message number: 197

• Message text: Financing type &1 &2 already exists on &3. 2nd entry not possible

What causes this issue?

You have attempted to assign financing type &v2& with sequential number
&v1& on &v3& more than once.

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?

Enter a different validity time or delete the appropriate line.

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 6D197 - Financing type &1 &2 already exists on &3. 2nd entry not possible ?

  The SAP error message 6D197 indicates that there is an attempt to create a financing type that already exists for a specific combination of parameters. This typically occurs in the context of financial transactions or configurations where unique financing types are required.
  Cause:
  The error message is triggered when:
  
  You are trying to create a new financing type (e.g., a loan, lease, or other financial product) that has already been defined in the system for the same entity (e.g., customer, vendor, or project).
  The system enforces uniqueness for financing types based on certain criteria, such as the financing type code, the associated business partner, or the specific transaction.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Existing Financing Types:
  
  Navigate to the relevant transaction or configuration area in SAP where financing types are defined.
  Search for the financing type using the parameters indicated in the error message (e.g., financing type code, business partner, etc.) to confirm that it already exists.
  
  
  
  Modify or Use Existing Financing Type:
  
  If the financing type already exists and is valid for your needs, consider using it instead of creating a new one.
  If you need to modify the existing financing type, ensure that you have the necessary permissions and follow the appropriate procedures to make changes.
  
  
  
  Review Configuration Settings:
  
  If you believe that the financing type should not exist, review the configuration settings to ensure that there are no duplicates or errors in the setup.
  Check if there are any custom validations or enhancements that might be causing this issue.
  
  
  
  Consult Documentation or Support:
  
  If you are unsure about the financing types or the specific configuration, refer to SAP documentation or consult with your SAP support team for guidance.
  
  
  
  Related Information:
  
  Transaction Codes: Depending on your SAP version and configuration, you may use transaction codes like FSP0, FSP1, or FSP2 to manage financing types.
  Authorization: Ensure that you have the necessary authorizations to view or modify financing types in the system.
  SAP Notes: Check for any relevant SAP Notes that might address this specific error or provide additional context.
  
  By following these steps, you should be able to identify the cause of the error and take appropriate action to resolve it.