How To Fix FTVV_MESSAGES085 - Disbursement not possible; create interest conditions first

SAP Error Message - Details

• Message type: E = Error

• Message class: FTVV_MESSAGES - Reporting Financial Assets Management

• Message number: 085

• Message text: Disbursement not possible; create interest conditions first

What causes this issue?

No interest conditions have been entered for the loan selected.
&DESCRIPTION&
Before you can disburse a loan, you need to enter a fixed interest
condition, ensuring that neither the interest rate nor the interest
amount is zero, or you need to maintain a reference interest rate.

System Response

It is not possible to disburse the loan.

How to fix this error?

Enter the conditions before you disburse the loan.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FTVV_MESSAGES085 - Disbursement not possible; create interest conditions first ?

  The SAP error message FTVV_MESSAGES085 indicates that a disbursement cannot be processed because the necessary interest conditions have not been created. This error typically occurs in the context of financial transactions, particularly in the area of loan management or disbursement processing within SAP.
  Cause:
  The primary cause of this error is that the system requires specific interest conditions to be defined before a disbursement can be made. This is often related to the following scenarios:
  
  Missing Interest Conditions: The interest conditions for the loan or financial product have not been set up in the system.
  Incorrect Configuration: The configuration settings for the financial product may not be complete or correctly defined.
  Transaction Type: The transaction type being used may require interest conditions that have not been established.
  
  Solution:
  To resolve this error, you should follow these steps:
  
  
  Create Interest Conditions:
  
  Navigate to the relevant transaction in SAP where you can define interest conditions (e.g., transaction code FTR_CREATE for financial transactions).
  Ensure that you create the necessary interest conditions for the loan or financial product in question. This may involve specifying interest rates, calculation methods, and other relevant parameters.
  
  
  
  Check Configuration:
  
  Review the configuration settings for the financial product or loan type. Ensure that all required fields and settings are properly configured.
  You may need to consult with your SAP configuration team or refer to the SAP documentation for guidance on setting up interest conditions.
  
  
  
  Review Transaction Type:
  
  Verify that the transaction type you are using is appropriate for the disbursement you are trying to process. If it requires specific interest conditions, ensure they are in place.
  
  
  
  Testing:
  
  After creating the interest conditions, attempt to process the disbursement again to see if the error persists.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FTR_CREATE, FTR_EDIT, and FTR_DISPLAY for managing financial transactions.
  SAP Documentation: Refer to SAP Help documentation for detailed instructions on setting up interest conditions and managing financial products.
  User Roles: Ensure that you have the necessary authorizations to create or modify interest conditions in the system.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in financial modules to further investigate the problem.