How To Fix FTVV_MESSAGES170 - Check calculation basis (&1) for repayment

SAP Error Message - Details

• Message type: E = Error

• Message class: FTVV_MESSAGES - Reporting Financial Assets Management

• Message number: 170

• Message text: Check calculation basis (&1) for repayment

What causes this issue?

The calculation basis for the annuity repayment does not correspond to
the commitment capital of the loan.

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 that you have entered the correct amount as the calulation basis.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FTVV_MESSAGES170 - Check calculation basis (&1) for repayment ?

  The SAP error message FTVV_MESSAGES170, which states "Check calculation basis (&1) for repayment," typically occurs in the context of financial transactions, particularly when dealing with loan repayments or similar financial instruments in SAP's Treasury and Risk Management module.
  Cause:
  This error message usually indicates that there is an issue with the calculation basis for the repayment amount. The calculation basis could be incorrect or not properly defined in the system. Common causes include:
  
  Incorrect Configuration: The calculation basis for repayments may not be set up correctly in the system configuration.
  Missing Data: Required data for the calculation basis may be missing or incomplete.
  Inconsistent Data: There may be inconsistencies in the data related to the financial transaction, such as interest rates, payment schedules, or other parameters.
  Incorrect Transaction Type: The transaction type being used may not be compatible with the repayment calculation.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Configuration:
  
  Go to the configuration settings for the relevant financial product (e.g., loans, bonds) in the SAP system.
  Ensure that the calculation basis for repayments is correctly defined and configured.
  
  
  
  Review Transaction Data:
  
  Check the specific transaction that triggered the error. Look for any missing or incorrect data related to the repayment calculation.
  Verify that all necessary fields are filled out correctly, including interest rates, payment terms, and any other relevant parameters.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help files related to the specific financial product you are working with. This may provide insights into the expected configuration and data requirements.
  
  
  
  Test with Sample Data:
  
  If possible, create a test transaction with known good data to see if the error persists. This can help isolate whether the issue is with the specific transaction or a broader configuration problem.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the configuration and data, consider reaching out to SAP support for further assistance. They may have additional insights or patches available for known issues.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP for managing financial products, such as:
  
  FTR_CREATE: Create financial transaction
  FTR_EDIT: Edit financial transaction
  FTR_DISPLAY: Display financial transaction
  
  
  SAP Notes: Check for any SAP Notes related to this error message. SAP Notes often contain fixes or workarounds for known issues.
  User Forums: Engage with SAP community forums or user groups where similar issues may have been discussed. Other users may have encountered the same error and can provide insights or solutions.
  
  By following these steps, you should be able to identify and resolve the issue causing the FTVV_MESSAGES170 error in your SAP system.