How To Fix FTR_LOANS028 - Company Code &1, Loan &2: General valuation class is missing

FTR_LOANS028 - Overview

• Message type: E = Error

• Message class: FTR_LOANS - Link Between the Loans Component and the Treasury Ledger

• Message number: 028

• Message text: Company Code &1, Loan &2: General valuation class is missing

Self-Explanatory Message

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FTR_LOANS028 - Details

• The SAP error message FTR_LOANS028 indicates that there is a missing general valuation class for a loan in the specified company code. This error typically arises in the context of financial transactions involving loans, particularly when the system is trying to process or post a transaction related to a loan that lacks the necessary configuration.
  
  Cause:
  The error is caused by the absence of a general valuation class for the loan in the system. The valuation class is essential for determining how the loan is treated in financial accounting, including how it is valued and reported in the financial statements. If the valuation class is not defined, the system cannot process the loan transaction.
  
  Solution:
  To resolve this error, you need to ensure that the general valuation class is correctly defined for the loan in question. Here are the steps to address the issue:
  
  
  Check Loan Master Data:
  
  Navigate to the loan master data in SAP