How To Fix FIPR228 - You cannot define rollover data; action on term end is repayment

FIPR228 - Overview

• Message type: E = Error

• Message class: FIPR - Nachrichten für Finanzprodukte

• Message number: 228

• Message text: You cannot define rollover data; action on term end is repayment

What causes this issue?

You have defined the default action on term end as repayment. You
cannot, therefore, define default rollover data.

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?

To define rollover data, make the appropriate setting in the
<LS>Fixed-Term Deposit: Action At Term End </>attribute.

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 FIPR228 - You cannot define rollover data; action on term end is repayment ?

  The SAP error message FIPR228 indicates that there is an issue with defining rollover data for a financial transaction, specifically when the action on term end is set to "repayment." This typically occurs in the context of financial instruments or loans where the system expects a certain configuration for rollover data but finds that the current settings do not allow for it.
  
  Cause:
  
  Configuration Issue: The financial product or loan is configured to perform a repayment at the end of the term, which does not allow for rollover data to be defined. Rollover data is typically used for extending the term of a loan or financial product rather than repaying it.
  Incompatible Settings: The settings for the financial transaction may not be compatible with the rollover functionality. For example, if the product type is not designed to support rollovers, this error will occur.
  Missing Parameters: Required parameters for rollover data may not be set