How To Fix FTVV_MESSAGES416 - Only loan with dunning summarization level &: Activate posting of charges

FTVV_MESSAGES416 - Overview

• Message type: E = Error

• Message class: FTVV_MESSAGES - Reporting Financial Assets Management

• Message number: 416

• Message text: Only loan with dunning summarization level &: Activate posting of charges

Self-Explanatory Message

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To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

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FTVV_MESSAGES416 - Details

• The SAP error message FTVV_MESSAGES416 typically occurs in the context of financial transactions, particularly when dealing with loans and dunning processes. This error indicates that the system is configured to only allow certain types of loans to have dunning summarization levels, and it is preventing the posting of charges due to this configuration.
  
  Cause:
  The error is caused by the following factors:
  
  Dunning Summarization Level: The loan in question is associated with a dunning summarization level that does not permit the posting of charges. This could be due to the configuration settings in the SAP system.
  Loan Configuration: The loan type or the specific loan account may not be set up to allow for the posting of charges under the current dunning summarization level.
  System Settings: There may be restrictions in the system settings that prevent certain loans from having charges posted if they do not meet specific criteria.
  
  
  Solution:
  To resolve this error, you can take