How To Fix FTVV_MESSAGES060 - No number range for sample loans is assigned to the product type &1

SAP Error Message - Details

• Message type: E = Error

• Message class: FTVV_MESSAGES - Reporting Financial Assets Management

• Message number: 060

• Message text: No number range for sample loans is assigned to the product type &1

What causes this issue?

In order to create a sample loan you need to assign a number range
interval for the sample loan to the product type in the company code.

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?

Check the system settings or contact your system administrator.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FTVV_MESSAGES060 - No number range for sample loans is assigned to the product type &1 ?

  The SAP error message FTVV_MESSAGES060 indicates that there is no number range assigned for sample loans to the specified product type. This typically occurs in the context of financial products, particularly in the area of loan management within SAP.
  Cause:
  The error is caused by the absence of a defined number range for the specific product type in the system. Number ranges are essential for generating unique identifiers for transactions, and if they are not set up correctly, the system cannot process transactions related to that product type.
  Solution:
  To resolve this error, you need to assign a number range to the product type in question. Here are the steps to do this:
  
  
  Access the Number Range Configuration:
  
  Go to the SAP Easy Access screen.
  Navigate to the following path: 
  SPRO -> SAP Reference IMG -> Financial Services -> Loans Management -> Basic Functions -> Number Ranges -> Define Number Ranges
  
  
  
  
  Define or Assign Number Range:
  
  In the number range configuration, check if a number range exists for the product type you are working with.
  If it does not exist, you will need to create a new number range.
  If it exists but is not assigned to the product type, you will need to assign it.
  
  
  
  Assign the Number Range to the Product Type:
  
  Navigate to the section where you can assign number ranges to product types.
  Find the relevant product type (indicated by &1 in the error message).
  Assign the appropriate number range to this product type.
  
  
  
  Save Your Changes:
  
  After making the necessary changes, save your configuration.
  
  
  
  Test the Configuration:
  
  After assigning the number range, test the transaction again to ensure that the error no longer occurs.
  
  
  
  Related Information:
  
  Transaction Codes: You may use transaction codes like SNRO (for number range objects) or SPRO (for configuration) to access the relevant settings.
  Documentation: Refer to SAP documentation or help files for detailed instructions on managing number ranges and product types.
  Authorization: Ensure that you have the necessary authorizations to make changes to number ranges and product types in the system.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP Basis or functional team for further investigation, as there may be additional configuration or data issues that need to be addressed.