How To Fix FTVV_MESSAGES058 - Contracts belong to different product types

SAP Error Message - Details

• Message type: E = Error

• Message class: FTVV_MESSAGES - Reporting Financial Assets Management

• Message number: 058

• Message text: Contracts belong to different product types

What causes this issue?

You can only copy loan contracts if the source and target loan are
assigned to the same product type.

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?

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FTVV_MESSAGES058 - Contracts belong to different product types ?

  The SAP error message FTVV_MESSAGES058 indicates that there is an issue with contracts that belong to different product types. This typically occurs in the context of contract management or when dealing with financial products in SAP, such as leasing or financial contracts.
  Cause:
  The error arises when you attempt to perform an operation (like merging, comparing, or processing) on contracts that are not compatible due to differing product types. Each product type in SAP has specific attributes and rules, and contracts associated with different product types cannot be processed together.
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Identify the Contracts: Determine which contracts are causing the issue. You can do this by checking the contract details in the SAP system.
  
  
  Check Product Types: Review the product types associated with each contract. You can find this information in the contract details or by using transaction codes related to contract management.
  
  
  Correct the Contracts: 
  
  If the contracts should be of the same product type, you may need to modify one or more contracts to ensure they match. This could involve changing the product type or creating a new contract that aligns with the desired product type.
  If the contracts are meant to remain as different product types, you will need to handle them separately and not attempt to process them together.
  
  
  
  Consult Documentation: Refer to SAP documentation or your organization's guidelines on contract management to understand the implications of changing product types and the correct procedures to follow.
  
  
  Seek Help from SAP Support: If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting SAP Notes for any known issues or patches related to this error.
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FBL1N (Vendor Line Item Display), FBL3N (G/L Account Line Item Display), or specific contract management transactions that may help you analyze the contracts.
  SAP Notes: Check SAP Notes for any updates or specific fixes related to this error message. SAP Notes can provide insights into known issues and recommended solutions.
  Training and Documentation: Ensure that users involved in contract management are trained on the importance of product types and how they affect contract processing.
  
  By following these steps, you should be able to identify the root cause of the error and implement a suitable solution.